How do I get a 95% mortgage?
Under the new scheme you should see no real difference when taking out a mortgage. You should be able to take out a 95% mortgage with the banks offering these products or through a mortgage adviser who will assess your circumstances and advise you on the right and cheapest mortgage for your situation.
A mortgage adviser will review your income, outgoings, credit history and overall situation. They will be able to tell you if it is possible to get a 95% mortgage or whether you will still require a larger deposit to buy a house.