Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Mortgage Guarantee Scheme on the number of first-time buyers.

95% loan-to-value mortgage products can be beneficial for first-time buyers who may struggle to raise larger deposits, and the Mortgage Guarantee Scheme aims to support this segment of the UK mortgage market.

The new Mortgage Guarantee Scheme recently launched in July 2025 and remains permanently available to lenders who wish to participate in the scheme. The Treasury will be collecting data about the scheme over its lifespan, including data on first-time buyers taking out mortgages under the scheme.