Deposit Unlock

Move to your dream home now with just 5% deposit

Deposit Unlock is an innovative scheme which could help you move into your dream new Bewley home with a deposit of just 5%.

You can apply whether you are a first time buyer or moving to your next home. With Deposit Unlock, participating High Street lenders offer 95% loans on homes bought through the scheme up to £750,000.

Bewley Homes are proud to be one of the leading developers taking part in this new collaboration between lenders and the home building industry.

With Deposit Unlock buying a new home like no other is now more affordable.

How does Deposit Unlock work?

This scheme provides eligible customers with competitively priced mortgage products and makes buying a new home more affordable.

As a participating house builder, Bewley Homes pays to insure mortgages with lenders who are part of the scheme. These lenders can then offer Deposit Unlock mortgages to first time buyers and existing homeowners who meet their criteria for selected Bewley homes. Depending on your circumstances, this could be up to £750,000 with a 5% deposit. Bewley Homes does not offer financial or mortgage advice and your obligations to the mortgage lender are unchanged.

What are the benefits?

Deposit Unlock could help turn your dreams into reality sooner than you hoped by allowing you to buy with a 5% deposit. You could be eligible for a 95% mortgage whether you are a first time buyer or moving to your next home. This isn’t a shared ownership scheme; you own 100% of your new home.

Deposit Unlock is available on selected plots at eligible developments in the UK up to a maximum value of £750,000 and is subject to lender participation, contract and status. Rates and maximum purchase price vary via lender. 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. A minimum 5% customer deposit is required. The product is backed by a mortgage indemnity insurance to which Bewley Homes 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, as the benefit of the insurance is for the lender. Bewley 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. Bewley Homes has appointed Gallagher Re to liaise with the mortgage lender and administer the Deposit Unlock scheme on its behalf. Speak to your Sales Executive for further details. Your home may be repossessed if you do not keep up payments on a mortgage or any other debt secured on it.

Other ways to buy

Part Exchange

You can rest easy knowing that you have a ready-made buyer for your existing home. Not only that, we will also pay the estate agent's fees.
Find out more

The Bewley Bond

It will enable you to reserve your new Bewley home far sooner than you may have ever hoped and brings with it some extra benefits along the way.
Find out more