Government House Buying Schemes Direct

The government provides a guarantee to lenders, encouraging them to offer 95% mortgages. Deposit: Only 5% required.

You buy a share (typically between 10% and 75% ) and pay rent on the remaining portion. government house buying schemes

You only need a deposit for the share you are buying (e.g., 5% of a 25% share), making it much lower than buying outright. The government provides a guarantee to lenders, encouraging

Formerly the Mortgage Guarantee Scheme, this was made permanent in 2026 to help buyers with small deposits. 5% of a 25% share)

This allows you to "part-buy, part-rent" a property, usually from a housing association.

You can buy more shares over time until you own 100%. 3. First Homes Scheme First Homes scheme: first-time buyer's guide - GOV.UK