If there’s one thing that most employees will have in common, it’s the experience of worrying about money. Even those whose current situation is comfortable will almost certainly have been through periods of poor financial wellbeing in the past or may do so in future. Because financial wellbeing isn’t just about how much money you have.
The scheme involves the government offering a guarantee to banks to encourage them to offer 95% mortgages. It runs from April 2021 to December 2022, for properties old and new up to £600,000.