You could buy with just a 5% deposit with Deposit Unlock
What is Deposit Unlock?
Deposit Unlock is devised in collaboration with lenders and the housebuilding industry.
The scheme enables first-time buyers and existing homeowners to purchase a new-build home with a 5% deposit*, and is exclusively available on selected new-build homes.
It provides customers with competitively priced mortgage products up to £750,000 and makes buying a new home more affordable.
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.
For more information on how the scheme works visit the Deposit Unlock website.
*Click here for the full terms and conditions.
Deposit Unlock FAQs
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The Deposit Unlock scheme, exclusive to new build homes, is available if you're a first-time buyer or an existing homeowner. It means you could own a brand-new home in London, up to £750,000, with just a 5% deposit and 95% mortgage.
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Deposit Unlock is open to first-time buyers and existing homeowners in England, Wales and Scotland.
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Follow these easy steps to benefit from this 5% deposit scheme:
- Find your Barratt London home among our wide range of brand-new homes
- Get in touch with one of our Sales Advisers
- They’ll put you in contact with a New Homes Mortgage Adviser
- They'll help you arrange your mortgage using Deposit Unlock
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The 5% deposit home scheme is available on selected new-build Barratt London homes up to £750,000.
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Deposit Boost
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Armed Forces Deposit Contribution
We're offering Britain's military servicemen and women special schemes to help them get on the property ladder.
Key Worker Deposit Contribution
As a thank you for the support provided to our communities, we are offering key workers a contribution towards their deposit.