Low deposit offers to help you move
If you have a low deposit, we have a variety of schemes available to help make moving more affordable.
Key Worker Deposit Contribution
As a thank you for the support provided to our communities, we are offering key workers a contribution of £1,000 for every £20,000 spent on the purchase price, plus flooring.
Deposit Unlock
Available to first time buyers and existing homeowners, you could buy with just a 5% deposit. Exclusively available on selected new-build homes.
Deposit Boost
If you have a 10% deposit, we could boost it with a further 5% of the purchase price.
Help to Buy - Wales
Whether you're a first time buyer or existing homeowner, you could buy a brand-new home in Wales with just a 5% deposit.
Parent Power
If you’re getting financial support from your family or friends to help you get on the property ladder, we could match it, up to a maximum of 5% of the purchase price.
Armed Forces Deposit Contribution
We're offering Britain's military servicemen and women a 5% deposit contribution to help them buy a brand-new home.
Forces Help to Buy
Forces Help to Buy is a deposit loan scheme from the Ministry of Defence.
We're here to help
Our expert Sales Advisers are on hand to help you through your homebuying journey, to make the process as smooth as possible. So start your search today.
Low Deposit Scheme FAQs
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Struggling to save for your deposit? We're here to help. We have a wide range of Low Deposit schemes to help you get on, or move up, the property ladder. Here is what we can offer:
Deposit Unlock
Deposit Unlock is available to both first-time buyers and homeowners. It enables you to buy a new home with a 5% deposit and use mortgage products up to the value of £750,000.
Deposit Boost
If you already have a 10% deposit, we can top it up by 5% of the purchase price with the Deposit Boost scheme.
Help to Buy Wales
Help to Buy Wales is a government-backed scheme that enables first-time buyers and existing homeowners to buy their new home with just a 5% deposit. The government will lend you up to 20% of the property, meaning you'll have to secure a 75% mortgage.
Armed Forces Deposit Contribution
We support military officials by offering a 5% Armed Forces Deposit Contribution – up to £15,000.
Forces Help to Buy
Available to regular Armed Forces personnel who are first time buyers, it enables successful applicants to borrow a 5% deposit from the MOD and receive an interest free loan to successful applicants of up to 50% of their salary, up to a maximum of £25,000.
Key Worker Deposit Contribution
We are offering key workers a contribution of £1,000 for every £20,000 of the property price, plus we’ll include flooring. For example, for a house worth £325,000, we will pay you £16,250.
Parent Power
Typically parents can help you with your deposit, or guarantee your mortgage or act as a joint loan applicant when buying your first home. We can offer an extra helping hand by matching your deposit up to a maximum of 5% of the purchase price.
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How you get a mortgage using a Low Deposit Home scheme depends on what offer you opt for. Once you confirm your eligibility with one of our Sales Advisers, they'll put you in touch with a New Homes Mortgage Adviser who will advise you on the best mortgage options for your circumstance.
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Low Deposit Home schemes offer are only available on selected brand-new Barratt homes. When you decide which development you want to move to, speak to the Sales Advisers who will be able to give you more information on which homes are available.
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The majority of the schemes are available to both first-time buyers and existing homeowners.