Here is an article from the Times about Help to Buy 2 (the new Government back mortgage guarantee scheme). It essentially works as the HM Gov acting as a guarantor (in a limited capacity) for clients.
Edinburgh Mortgage Advice in the Times 29/11/2013
If you want to chat over any of the schemes to help clients with smaller deposits such as Help to Buy (shared equity – New Build Only) LIFT (Scotland only) or the New Help to Buy 2 scheme, then please give us a call on 0131 339 2281
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED ON IT
Any fee payable for our services will depend upon your circumstances. In these situations we will inform you during our initial discussions and detail it in the Our Service to You document. In these cases our usual fee is £395 (for Buy to Let mortgages it is £495).
Edinburgh Mortgage and Thistle Finance are trading styles of Mark Dyason who is authorised and regulated by the Financial Conduct Authority, and is entered on the FCA register (https://www.fca.org.uk/firms/financial-services-register) under reference 607668.