Buy with a 5% deposit and Deposit Unlock
With Deposit Unlock, whether you’re a first time buyer or an existing homeowner, you could buy selected new homes, with just a 5% deposit.
What is Deposit Unlock?
- The scheme is 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 up to £750,000 and makes buying a new home more affordable.
- The scheme is exclusively available on selected new-build homes.
- Find out more about the benefits and how to apply below.
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.
How do I apply?
- Search for a new home near you below and contact us today.
- We will then put you in touch with a specialist New Homes Mortgage Adviser who can help you arrange your mortgage using Deposit Unlock.
Why buy new?
- We design our homes so they are energy efficient, so you could have cheaper bills each month.
- Our homes are low maintenance, so you don’t need to worry about DIY.
- You could add your personal touch by picking the details for your home.
- All our homes come with a 2 year fixture and fittings warranty and a 10 year structural warranty for your peace of mind.
- You can buy with confidence knowing that we have won awards for our quality year after year and that over 90% of our customers would recommend us^, for 12 years in a row.
View the full terms and conditions here.
^Based on HBF star rating scheme from 2010 to 2021 derived from the NHBC national new homes survey at eight weeks (https://www.hbf.co.uk/policy/policy-and-wider-work-program/customer-satisfaction-survey/#tab-downloads), over 90% of Barratt Developments PLC group customers would recommend our brands to a friend.