What is Deposit Unlock?
Deposit Unlock is a national financial initiative developed by the Home Builders Federation (HBF) and its members to make buying a new home more accessible.
It allows eligible buyers to secure a new home with just a 5% deposit, with participating mortgage providers lending the remaining 95% at competitive rates.
With Deposit Unlock, you’ll still own 100% of your home, and the scheme is available on properties nationwide (subject to lender approval), up to the value of £833,250*.
You can learn more about the Deposit Unlock scheme on the Deposit Unlock Website.