Unveiled earlier this year, Help to Buy provides lenders with the option to purchase a government guarantee that compensates them for a portion of their losses in the event of foreclosure. The government will charge a commercial fee for the provision of this guarantee.

The guarantee offer is augmented by a government equity loan offer that will leverage a prospective homebuyer’s 5 per cent deposit into a 25 per cent deposit, when buying a new build property.

But who should advisers recommend take the government and lenders up on their offer of Help to Buy guarantee mortgages?

This guide will tackle how Help to Buy works, the pros and cons of this type of mortgage and how to go about arranging this type of loan for your clients.

Contributors to this guide include the Paul Smee, director general of the Council of Mortgage Lenders; HM Treasury; and Mark Bullard, head of sales at NatWest Intermediary Solutions.