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Advice/Chances of getting approved for Mortgage Guarantee Scheme
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[FONT="]The Government will be supporting lenders to offer up to 95% mortgages, helping buyers with smaller deposits to get on the property ladder, trade up or move to a another property.[/FONT]
[FONT="]Below is a quick checklist on what is involved in the scheme:[/FONT]
·[FONT="] Available to both existing home-owners and first time buyers[/FONT]
·[FONT="] Buyers need a minimum of a 5% deposit[/FONT]
·[FONT="] Available on all previously owned and new build properties up to the value of £600,000[/FONT]
·[FONT="] Must be your only residence and you can’t rent the property out[/FONT]
·[FONT="] Available in the UK[/FONT]0
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