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](/-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=100&hash=9095AE9DA7AD294DE808303E096197F5| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=200&hash=C290577A04A243E69AFE848261D11455| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=300&hash=1DFEC9A2D8EAEAC72F492F0FFBA5CFDC| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=400&hash=70B82DC0094B83C8DA8686442E4852D1| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=500&hash=4302ED8BC41A70346B2EADEC25909396| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=600&hash=0E7C4CC621317ED732D7FC95494A8FCE| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=700&hash=A3BC35B46E632EB9C9E1FAA564FBBB73| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=800&hash=FCC656145CDEDC64A501519A24A98D41| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=900&hash=70BC9F11474CE9792C094A65BBFFFDA2| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=1000&hash=85D9F4C9E737E57D5F10198160799FAF| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=1100&hash=A5267C8388A195ECF2F79A7AEB536860| /-/media/group/offers/own-new---deposit-drop/own-new---deposit-drop-logo-1000x410.jpg?w=1200&hash=2E73FC76EC8ABACC29ED4BEA57F6F685)
![Denby open-plan kitchen and dining area](/-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=100&hash=B3166813172383F2FAA72791A5DD7CAB| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=200&hash=0DCC60AD8D02235E623D65A3BF6A5AFE| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=300&hash=2A101578022278238138FCA3B24DE5C2| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=400&hash=715E355E8F47F825741DF3556B0665C3| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=500&hash=57121A460307753575778F504F89FBA4| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=600&hash=305FDF15E79C20E389EC5C04A3F7CE60| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=700&hash=7FDDDEF095F93980DD9EDB1B170F9090| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=800&hash=62B57084CA8B90787E1BC205EEBA5256| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=900&hash=B988B6E455B2202C1631721FD3FDF0B7| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1000&hash=421BFBBE953B39A0AB7DE6C69F402A1E| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1100&hash=51ABFC93EB7C9CF25E6807E571D95D4A| /-/media/group/barratt-homes/offers/own-new/001-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1200&hash=64DDC1C25D473B6C37C710B24ECCC2E6)
![Denby family living room](/-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=100&hash=62D851E958461090ACA0BA107C31BF6F| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=200&hash=F59C9CBEE1B202CCB7C96C29E704B01E| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=300&hash=D39FCABEF3295514D6DE3B6D4B1442CD| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=400&hash=FEB46047F30C0EB2C867CECA76C7982A| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=500&hash=C540F5A9139E9E64017FA6FCE6151B66| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=600&hash=009B322A7D0E44200B37E1D247746387| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=700&hash=E565C78C3F6BBE735F5247B423355C3B| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=800&hash=0B13154E58276D2B73AF037ED45B7D7B| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=900&hash=FA7B74E11CB83A875C4239BF5383A5FE| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1000&hash=5869344CF477C5A38E8174B8CCCC641F| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1100&hash=E5895B5577590000EFDACB6691C3AEFB| /-/media/group/barratt-homes/offers/own-new/003-byw_lockwoodfields_dewsbury_denby_3bed.jpg?w=1200&hash=424242A2B980ECDA3C548BA790AFD8D5)
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.
Click here for terms and conditions.