Deposit Unlock – What is this new scheme and how could it help you?

26th November, 2021

What is Deposit Unlock?

A brand-new scheme 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 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 are:

  • Barratt
  • Bellway
  • Bewley
  • Bloor Homes
  • Countryside Properties
  • Crest Nicholson
  • Croudace
  • Davidson Group
  • Fairview
  • Hill
  • Persimmon
  • Redrow
  • Taylor Wimpey
  • Vistry



The participating lenders are:

  • Nationwide Building Society
  • Newcastle Building Society