Tell us: are you a first-time buyer who won’t be helped by 95% mortgages?

The government’s new mortgage guarantee scheme has gone live, and will support banks and building societies to offer 95% loans, meaning that buyers will, in theory, be able to buy a home with a 5% deposit.

A stamp duty holiday on the first £500,000 of the cost of a home in England or Northern Ireland has been extended by three months and will end on 31 June 2021.

But despite the government’s assertions that these measures will turn generation rent into generation buy, much of the country is still unaffordable for first-time buyers.

We would like to hear from prospective first-time buyers who won’t be helped by the 95% mortgage scheme, and from people who feel that the stamp duty holiday has made it harder for them to get on the property ladder.

You can get in touch by filling in the form below, anonymously if you wish. Your responses are secure as the form is encrypted and only the Guardian has access to your contributions.

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