But it is nothing new. i cannot say they have pulled a rabbit out of the bag to come up with anything that is a little bit different. there are problems with the mortgage guarantee scheme in a way. it obviously gives first time buyers particularly lower mortgage, a loan to value mortgage, which requires a smaller deposit, but they still have to pass affordability tests, the buyers. so, if you own a fairly good salary, you will probably be fine. but with house prices increasing, sort of slightly stopped at the moment, but i think today the halifax house price for the whole of the country is around 288,000, but in london, it is around 288,000, but in london, it is 536,000, said it was a huge difference. if you want to buy in london, it is going to be tough, ....