Choose your new Baker Estates home.
We will issue you with a Loan Confirmation Letter.
Pass this letter to your mortgage broker or directly to your lender.
Your lender will record the Unique ID and provide you with your 95% mortgage offer under Deposit Unlock.
You own 100% of your new home.
Buy a new build home with just a 5% deposit. Deposit Unlock is available on a wide selection of properties and could be your key to getting on the ladder sooner. The scheme is available to both first-time buyers and home movers and there is no upper limit on your household income.
Ask our team about eligibility and participating developments.
Deposit Unlock is an insurance-backed product enabling you to buy a new build home with just a 5% deposit and 95% mortgage.
Any customer who meets the lenders’ affordability requirement with a 5% deposit. The scheme is open to both first-time buyers and home movers.
Deposit Unlock is currently available with Nationwide Building Society, Newcastle Building Society and Accord Mortgages. However, a range of further banks and building societies are in the process of joining the scheme. *Correct as of Nov 2022
The buyer process remains normal, apart from the need to obtain a Loan Confirmation Letter from us at Baker Estates for you to give to your broker or lender.
“We absolutely love our new home. The design of our home is fantastic. We also have a large garden, a double garage and the surroundings are just beautiful with views of the hills. The best part has been going on bike rides to the local park as a family and just allowing the kids some freedom. We are only a few minutes from school so that’s another big plus.”