Deposit Unlock
Enabling you to buy a new build home with just a 5% deposit
Overview
The scheme - developed by the housebuilding industry in conjunction with mortgage lenders - provides buyers with competitively priced mortgage products, exclusively available on selected new-build homes.
Benefits of Deposit Unlock
- You only need a 5% deposit and a normal 95% mortgage.
- Available to both first-time buyers and home movers.
- You benefit from an insurance-backed guarantee, allowing you to access competitive mortgages rates.
- Available on new-build properties up to the price of £833,250* with no regional price cap restrictions.
- You own 100% of the property.
- Available with UK’s leading house builders.
- The scheme is available now.
If saving for a deposit is preventing you from taking the step to buying your first home, or moving to your next home, Deposit Unlock is a scheme that enables you to buy a new build home with just a 5% deposit.
It is available on a wide range of UK new build properties up to £833,250* and is the low deposit mortgage solution designed to give more people the opportunity to buy their own home.
How to apply:
• Choose your new Fairview home from your development of choice.
• Talk to our friendly Sales Advisors to see if the Deposit Unlock scheme is suitable to you.
• If it is, we’ll put you in touch with a specialist New Homes Mortgage Adviser who’ll be able to help you arrange a mortgage using Deposit Unlock.
Deposit Unlock will close to new completions in April 2026. Outstanding mortgage offers at that point will continue to be honoured by the relevant lender. All existing customers who have secured loans with assistance from Deposit Unlock will continue to be supported, and their mortgages will remain unaffected.
