This allows you to "part-buy, part-rent" a property, usually from a housing association.

Formerly the Mortgage Guarantee Scheme, this was made permanent in 2026 to help buyers with small deposits.

Government house buying schemes are primarily designed to help first-time buyers and those on lower incomes overcome the hurdle of large deposits or high property prices. As of April 2026, several key programs exist in the UK to make homeownership more accessible. 🏠 Key UK Government Schemes (2026) 1. Freedom to Buy (Mortgage Guarantee Scheme)

You only need a deposit for the share you are buying (e.g., 5% of a 25% share), making it much lower than buying outright.

Buyers who can afford monthly repayments but struggle to save a large lump sum. Limit: Applies to homes valued up to £600,000 . 2. Shared Ownership

You can buy more shares over time until you own 100%. 3. First Homes Scheme First Homes scheme: first-time buyer's guide - GOV.UK

You buy a share (typically between 10% and 75% ) and pay rent on the remaining portion.