Government Launches 95% Mortgage Scheme

On the 19th of April 2021, the UK government launched its new 95% mortgage scheme. The scheme will help first time buyers or current homeowners secure a mortgage with just a 5% deposit and is valid for homes costing £600,000 or less. The scheme will run until December 2022.

The government will offer lenders the guarantee they need to provide mortgages that cover the other 95%, subject to the usual affordability checks.

The scheme is intended as a temporary measure. It will be open for new mortgage applications from April 2021 to December 2022, in line with the government’s view that the current scarcity of high loan-to-value lending is primarily a response to the pandemic rather than a symptom of a longer-term structural change in the mortgage market.

Infinity Property London is currently developing homes that will fall within the upper threshold limit of £600,000 and this will enable first time buyers and those looking to move the opportunity to purchase the properties using this new government-backed scheme.

For further information on this scheme please visit and

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