Deposit Unlock Scheme

What is Deposit Unlock?

• The Deposit Unlock Scheme is a brand-new scheme devised in collaboration with lenders and the home building 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 and makes buying a new home more affordable.

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.

The participating home builders in the Deposit Unlock Scheme are:

• Barratt Homes
• Barratt London
• Bellway
• Bewley
• Bloor Homes
• Countryside Properties
• Crest Nicholson
• Croudace
• Davidson Group
• David Wilson Homes
• Devine Homes
• Edenstone Holdings
• Fairview
• Hill
• Keepmoat
• Miller Homes
• Morris Homes
• Pat Munro
• Persimmon
• Redrow
• Taylor Wimpey
• Thakeham
• Vistry
• Wheeldon

The participating lenders are:

• Accord Mortgages
• Nationwide Building Society
• Newcastle Building Society