The government will offer incentives to lenders, bringing back 95% mortgages which have "virtually disappeared" during the pandemic, the Treasury says.
Chancellor Rishi Sunak says public finances are facing a "challenge" from the pandemic's impact on the economy.
The government has borrowed £271bn this financial year - up £222bn on 2019-20.
This has pushed the national debt to £2.13 trillion.
Explaining the government's economic response to the pandemic, Mr Sunak told the Financial Times: "We went big, we went early, but there is more to come and there will be more to come in the Budget. But there is a challenge [in the public finances] and I want to level with people about the challenge."
He added: "I will do whatever it takes to protect the British people through this crisis and I remain committed to that."
Former Conservative chancellor Lord Clarke called for Mr Sunak to raise taxes in order to bring the UK's finances under control, and warned "if we don't get it under control before inflation comes back then we will face a financial crisis".
Retrieved from http://c21home.hk/u/Gy984C ( Feb 27, 2021)
The information provided on this website is for reference only. C21 International shall not be liable for any errors, omissions, misstatements or misrepresentations (express or implied), concerning any Information, and shall not have or accept any liability, obligation or responsibility whatsoever for any loss, destruction or damage (including without limitation consequential loss, destruction or damage) howsoever arising from or in respect of using, misusing, inability to use, or relying on the Information.