A brand-new home could be yours with a 5% deposit and Own New - Deposit Drop

Own New - Deposit Drop is exclusively available to first time buyers and existing homeowners, purchasing a new-build home. It could enable you to buy with just a 5% deposit, so you could buy sooner than you thought.

What is the scheme?

  • It is exclusively available on new-build homes up to £300,000
  • 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, making buying a new home more affordable

What are the benefits?

  • You can buy a brand-new home with just a 5% deposit
  • The scheme allows customers to access low deposit mortgages at competitive interest rates
  • You own 100% of your home
  • When you apply for your Own New - Deposit Drop mortgage, you will be assessed based on your ability to make the repayments which means that, even if you are self-employed, have previously been furloughed or don’t yet have a credit rating, you can still be accepted for a standard mortgage.
Own New - Depsit Drop logo
Denby open-plan kitchen and dining area
Denby family living room

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 Own New - Deposit Drop.

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Click here for terms and conditions.