- Deposit unlock
What is Deposit Unlock?
- A brand-new scheme devised in collaboration with lenders and the housebuilding industry.
- It enables first time buyers and existing homeowners to purchase a new-build home with a 5% deposit.
- It provides customers with competitively priced mortgage products and makes buying a new home more affordable.
What are the benefits?
- You can buy a new home with a 95% mortgage.
- The scheme allows customers to access a low deposit mortgage at competitive interest rates.
The participating home builders are:
- Barratt
- Bellway
- Bewley
- Bloor Homes
- Countryside Properties
- Crest Nicholson
- Croudace
- Davidson Group
- Fairview
- Hill
- Keepmoat
- Miller Homes
- Persimmon
- Redrow
- Taylor Wimpey
- Thakeham
- Vistry
The participating lenders are:
- Nationwide Building Society
- Newcastle Building Society
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