Jargon Buster

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There are 2 names in this directory beginning with the letter H.
Help to Buy Equity Loan
A scheme set up by the government to allow you to buy a new property funded by a mortgage and a loan from the government agency (normally 20% of the value of the property).
Help to Buy Mortgage Guarantee
A scheme set up by the government to allow people to borrow 95% of the value of a property. It can only be used for your main residence and you must not own any other property.