The RBS Group was one of the first lenders to commit its support to the scheme. NatWest Intermediary Solutions will be introducing the new products to its core intermediary range, much like it has with the current Help to Buy shared equity and NewBuy indemnity schemes. It expects to be able to announce the exact launch date early next month.
Graham Felstead, head of intermediary mortgages, said: “We have actively participated in the Government’s previous mortgage schemes helping thousands of first-time buyers to secure their first properties. I am, therefore, delighted that we will continue our support for intermediaries in 2014 with the introduction of specific 95% LTV mortgages for their clients.”