Incentives to help you move
Deposit Unlock is a new scheme created by the Home Builders Federation (HBF) in conjunction with the housebuilding industry and mortgage lenders. It allows purchasers to buy a new-build home with as little as a 5% deposit.
The scheme is open to first time buyers and home movers who wish to buy a new-build home from a registered HBF member, with a deposit between 5% and 9.99%. deposit-unlock.co.uk
If you are currently paying money towards your rent and you would prefer to pay this towards buying a new home, then it could be worth exploring what could do to make buying a new home more affordable for you.
It reduces the amount of deposit required to purchase a home and gives you access to better mortgage deals.