Written Question·Treasury·UIN 92360

Mortgage Guarantee Scheme

Tabled: 18 November 2025

Answered: 24 November 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, what estimate she has made of the average property value under the Mortgage Guarantee Scheme compared to the UK average house price.

Answer

Lucy Rigby

The Mortgage Guarantee Scheme is designed to support and sustain the availability of low deposit mortgage products for first-time buyers and home movers with a deposit as small as 5%.

All property types of any value are eligible, and the Scheme will now remain permanently available to lenders in all regions of the UK.