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:
- Bloor Homes
- Countryside Properties
- Crest Nicholson
- Davidson Group
- Taylor Wimpey
The participating lenders are:
- Nationwide Building Society
- Newcastle Building Society