Deposit Unlock, a new Redrow home with just a 5% deposit
Our Deposit Unlock scheme offers competitive 95% mortgages, making homeownership more accessible for you. This innovative partnership between lenders and housebuilders helps more people buy a brand new home.
What is the Deposit Unlock scheme?
- Available to first-time buyers and existing homeowners on homes up to £750,000.
- Buy with a 5% deposit and a 95% LTV mortgage.
- We guarantee part of your mortgage to help keep interest rates competitive.
- Exclusively available on new-build homes.
Find your new Redrow home today
Please chat to a Sales Expert at your preferred development to find out if Deposit Unlock could benefit you.
Deposit Unlock FAQs
-
- You could access lower mortgage interest rates even with a smaller deposit.
- You could get a foothold on the property ladder without having to save for a large deposit.
- You could now move to a bigger home with room to grow.
-
Deposit Unlock is available on selected homes only. Please speak to the Sales Expert on your preferred Redrow development to find out more.
-
It’s exclusively available on selected new-build homes under £750,000.
-
Deposit Unlock is available on selected homes only. Please speak to the Sales Expert on your preferred Redrow development to find out more.
-
First-time buyers and existing homeowners could take advantage of this scheme on new-build homes up to £750,000.
Other ways we could help you move
Discover how buying a new Redrow home could be easier and more affordable with our other ways designed to help you move.
Offer available on selected homes and developments only. Subject to contract and status. 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 and on homes up to the value of £750,000.
Customer’s minimum 5% deposit is required.
The product is backed by a mortgage indemnity insurance to which Redrow Homes Limited make a financial contribution. The insurance covers the lender in the event of a loss as a result of repossession.
The buyer’s obligations to the lender remain unchanged.
This scheme cannot be used in conjunction with any other Redrow Homes offer or incentive.
Redrow Homes Limited do not offer mortgage advice so any advice in this respect should be obtained from the mortgage adviser or lender.