THE new 95 per-cent mortgage guarantee is now available from lenders on the highstreet.
With mortgage deposits now available for as little as five per-cent of a property's value, the government is hoping more people will become homeowners.
The scheme is aimed at first-time-buyers and current homeowners who are buying a property to live in themselves, up to a value of £600,000.
Most property types are eligible including brand new and existing homes however, the scheme is only scheduled to run until December 2022.
READ MORE: Mortgage deposit scheme now available for Sussex buyers
READ MORE: The cheapest properties for sale in Brighton
Here are five properties you can buy in and around Brighton with the new five per-cent deposit scheme:
£600,000 - Grange Close, Preston Park, Brighton BN1
This three-bed property comes under the mortgage scheme threshold (all images Zoopla).
Currently on the market with Kendrick Property Services this three-bedroom end-of-terrace house is Preston Park comes in at £600,000.
Situated in a small cul-de-sac the property has driveway parking, a garage and a good-sized rear garden.
Downstairs the property has a newly fitted kitchen, living and dining room plus a WC.
Upstairs there are three double bedrooms and a large family bathroom.
£500,000 - Norway Street, Portslade, Brighton BN41
Property in Portslade on the market for £500,000 (Zoopla)
Located in Portslade, this three-bedroom family home is currently on the market for £500,000 with Cox and Co.
Beautifully presented throughout the property has been well-maintained and modernised by the owners, offering a stunning living space.
The three bedroom period townhouse is only 0.2 miles from Portslade mainline railway station and is close to Boundary Road shopping district.
The ground floor of the property is open plan with a lounge and dining room then a lovely modern kitchen which leads onto a conservatory overlooking a west facing rear garden.
On the first floor, there are three bedrooms and a bathroom.
£400,000 - West Street, Brighton BN1
Property in central Brighton on the market for £400,000 (Zoopla).
Centrally located, this two-bedroom flat is currently on the market for £400,000 with Fox and Sons.
Described as being presented in an excellent decorative order, this property is ready to move into and have a lovely west-facing balcony,
Boasting a designer shaker style kitchen, this property has two double bedrooms both with built-in wardrobes, the master has an en-suite and there is also a family bathroom.
£300,000 - Fullwood Avenue, Newhaven, East Sussex BN9
Three-bed property in Newhaven on the market for £300,000 (Zoopla).
This beautifully presented home in Newhaven is currently on the market for £300,000 with Cubitt and West.
The property has been fully refurbished throughout and is ready to move into.
Boasting three-bedrooms the property is arranged over three floors and has a small study, good-sized garden and driveway parking.
£250,000 - Tumulus Road, Saltdean, Brighton, East Sussex BN2
Two-bedroom flat in Saltdean on the market for £250,000 (Zoopla).
This two-bedroom flat in Saltdean is located in a quiet location and boasts a private rear garden.
On the market for £250,000 with Cubbitt and West, the property is in need of renovation throughout so is ideal for people looking to put their stamp on a home.
Offered with no chain, find out more on Zoopla.
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