Buying your first home in the UK can feel overwhelming. Thankfully, there are several
government-backed mortgage schemes in 2025 that can make the journey smoother.
- First Homes Scheme
- Offers homes to first-time buyers at a 30-50% discount.
- Priority for key workers and locals.
- Shared Ownership
- Buy a share (usually 25-75%) and pay rent on the rest.
- Ideal for those with smaller deposits.
- 95% Mortgage Guarantee Scheme
- Allows buyers to purchase with just a 5% deposit.
- Backed by the government for extra lender confidence.
- Lifetime ISA
- Save up to £4,000 per year with a 25% government bonus.
- Can be used for first home purchase or retirement.
- Right to Buy (for council tenants)
- Allows long-term tenants to buy their rented property at a discount.
Unsure which scheme fits you best? Our expert mortgage advisers at Mortgages and Money
are here to guide you every step of the way.
