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