Find a home with Deposit Unlock

To be eligible for Deposit Unlock, you must meet the relevant eligibility criteria:

• You must be buying a new-build property.
• The loan you require must not exceed £750,000.
• You can only buy a home from participating house builders and lenders.
• You must not already own another home at the time of completion.

No, Deposit Unlock isn’t only available for first time buyers, it’s open to all eligible home-movers!

With Deposit Unlock, you can borrow up to 95% of the value of the home you are buying. For example, if you’re buying a home worth £200,000, you’ll need to borrow a sum of £190,000, and put down a deposit of £10,000. The maximum amount you can usually borrow is £750,000, although this will depend on your housing provider and your financial situation.

Deposit Unlock is only available from participating home builders and mortgage lenders. To see if there are new-build Deposit Unlock properties available in your local area, head to our property search tool.