Deposit Unlock helps buyers to purchase a new-build property with a smaller deposit
Deposit Unlock is a national financial initiative created by the Home Builders Federation (HBF) and its members to make buying anew-build home more accessible to everybody looking to progress on the property ladder.
It means that buyers can secure a new home with just a 5% deposit, with participating mortgage providers lending the remaining 95% atcompetitive rates.
Deposit Unlock can be used on homes up to the value of £833,250* with no restrictions on locations, subject to lender's approval, andyou’ll own 100% of the property.
