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 14 years in a row.
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If you have a 10% deposit, we could boost it with a further 5% of the purchase price.
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.
*Click here for the full terms and conditions.
^We are the only major national housebuilder to be awarded this key industry award every year since 2010. “We” refers to the Barratt Developments PLC group brands including Barratt London, Barratt Homes and David Wilson Homes. Based on HBF star rating scheme from 2010 to 2023 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/latest-results/), over 90% of Barratt Developments PLC group customer would recommend our brands to a friend.