We are now offering drop-in appointments across all our developments - however, should you wish to have dedicated time with our sales advisor, we encourage you to book ahead. Click here for further details.
The low deposit mortgage solution for new build homes. Move now with a 5% deposit.
Find your Ashberry home
Ask one of our sales advisors at your chosen development whether Deposit Unlock is available.
Check out our other schemes
Discuss with our sales advisor whether you would like to also take advantage of our Home Exchange or Assisted Move schemes**.
Speak to a specialist
We will put you in touch with a specialist New Build Mortgage Advisor to help arrange your Deposit Unlock application and mortgage.
Get your keys
Move into your brand new Ashberry home with just a 5% deposit.
More information about Deposit Unlock
Where is it available?
Nationwide is the latest major lender to sign up, joining Newcastle Building Society - the first lender to offer Deposit Unlock nationally following a successful trial in the North East of England. More lenders are expected to join the scheme.
What homes can be bought under the scheme?
The scheme is exclusively available on selected new-build houses and apartments.
How is affordability calculated?
Each lender using the scheme will assess affordability in the normal way using their lending criteria, which includes consideration of income and outgoings, as well as an assessment of future changes that might have an impact on a borrower’s ability to pay a mortgage.
I’ve found a new home on a new development where the scheme is offered, can my own broker process my application?
No, there are only a few nominated brokers being used to facilitate this scheme. Therefore, you will be required to use our nominated broker.
Are buy-to-let borrowers able to use Deposit Unlock?
Deposit Unlock is designed to help those with small deposits get on the housing ladder and so is restricted to owner occupier homes only.
Which mortgage specialist will you put me in contact with?
We will put you in touch with New Homes Mortgage Helpline, our New Build Mortgage Advisor. Bellway may receive a commission when you complete on a mortgage arranged by New Homes Mortgage Helpline.
*Subject to lender participation on selected homes and developments. Rates and maximum purchase price vary via lender. Based on Nationwide Building Society’s current guidelines from November 2021. Terms and conditions apply.
**YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Subject to status and only available on selected Ashberry developments and plots, up to a maximum loan value of £833,250. Terms and conditions apply.