With Deposit Unlock you could buy with a 5% deposit
How Deposit Unlock works
Deposit Unlock is devised in collaboration with lenders and the housebuilding industry.
The scheme enables first time buyers and existing homeowners to purchase a new-build home with a 5% deposit*, and is exclusively available on selected new-build homes.
It provides customers with competitively priced mortgage products up to £750,000 and makes buying a new home more affordable.
Discover more about the benefits and how to apply below.
The benefits
With Depsoit Unlock you can buy a new home with a 95% mortgage.
The scheme also allows customers to access a low deposit mortgage at competitive interest rates.
How to apply
Search for a new home near you below and contact us today.
We will then put you in touch with a specialist New Homes Mortgage Adviser who can help you arrange your mortgage using Deposit Unlock.
For more information on how the scheme works visit the Deposit Unlock website.
*Click here for the full terms and conditions.
Deposit Unlock FAQs
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With the Deposit Unlock scheme you could buy the home you’ve always wanted as it enables first time buyers and existing homeowners the chance you to buy your new home with just a 5% deposit. This scheme provides customers with competitively priced mortgage products up to £750,000, making home buying more affordable.
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Deposit Unlock is open to first-time buyers and existing homeowners in England, Wales and Scotland.
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Applying for the Deposit Unlock scheme is easy. Here's what you need to do:
- Find your David Wilson home among our wide range of brand-new homes
- Get in touch with one of our Sales Advisers
- They’ll put you in contact with a New Homes Mortgage Adviser
- They'll help you arrange your mortgage using Deposit Unlock
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The 5% deposit home scheme is available on selected new-build David Wilson homes with a maximum mortgage of £750,000.
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No. The property purchased under this scheme must be the only mortgaged property.
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The Deposit Unlock scheme was launched in November 2021 and is still available on homes today.
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Deposit Unlock can't be used in conjunction with any other schemes. So, if you're already using another David Wilson offer or incentive, you won't be able to apply for this 5% deposit scheme.
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Deposit Boost
If you have a 10% deposit, we could boost it with a further 5% of the purchase price.
Help to Buy - Wales
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Parent Power
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Armed Forces Deposit Contribution
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Forces Help to Buy
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