Money

Deposit Unlock

Let us explain Deposit Unlock

Whether you’re a first time buyer or an existing homeowner, this exciting new scheme means you can own a brand new home, up to £750,000, with a minimum 5% deposit (subject to criteria.)

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.


The advantage of Deposit Unlock

You’ll have access to a selection of low deposit mortgages (at competitive interest rates) - meaning you could buy your new home with a 95% mortgage.


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.

Having a strong credit score is important to get any mortgage, but particularly with high loan-to-value mortgages like one you would get through Deposit Unlock. To find out more about credit scores and how to improve yours, read our blog here.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

*Deposit Unlock scheme is available on selected plots only and developments only. Deposit Unlock is subject to contract and status and available on selected properties in England only. Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time. The scheme is available in the UK, subject to lender criteria. A minimum 5% customer deposit is required. The product is backed by a mortgage indemnity insurance that covers a proportion of the sum loaned by the lender in the event of a loss as a result of repossession. Fairview New Homes make a financial contribution to the cost of the product including the cost of the insurance premium. The buyer’s obligations to the lender remain unchanged, as the benefit of the insurance is for the lender. Fairview New Homes do not offer mortgage advice, any financial advice should be obtained from a mortgage adviser or lender. This offer is not available in conjunction with any other promotion. Please speak to your Sales Advisor for further details.