Buy with just 5% deposit
Your dream new Shanly home could be closer than you think. Ask us about Deposit Unlock.
What is Deposit Unlock
Deposit Unlock is a collaboration between housebuilders and the mortgage lenders enabling first time buyers and home movers to secure a new build home with just a 5% deposit. It is available on selected homes up to £833,250* and makes homebuying more affordable.
How does Deposit Unlock work?
Choose your new Shanly home
Explore our website to discover Shanly Homes new build developments in your chosen location. Once you know which development you’d like to call home, call our friendly team who will be happy to arrange an appointment for you to view. Don’t forget to tell them you are interested in Deposit Unlock.
Before your visit
Before your visit, we recommend you speak to an independent financial or mortgage advisor who will be able to qualify you for Deposit Unlock. You’ll receive a confirmation letter enabling you to apply for your Deposit Unlock mortgage.
Visit your chosen development and reserve your new home
At the visit speak to our team about which homes are available on the Deposit Unlock scheme, then choose your prefect Shanly home.
FAQs
How do I know if I am eligible for Deposit Unlock?
The scheme is available to first time buyers and home movers, but you be able to provide a 5% deposit.
What homes are available using Deposit Unlock?
Availability differs between developments so it is best to visit your chosen development and speak to our knowledgeable sales consultants about which homes can be purchased under the Deposit Unlock scheme.
How do I apply for Deposit Unlock?
Speak to an independent financial or mortgage advisor who will be able to assess your eligibility for Deposit Unlock and advise on which lenders will suit your requirements. You’ll receive a confirmation letter of eligibility which can then be provided to your mortgage lender.
Can I use Deposit Unlock alongside other buying schemes?
Deposit Unlock cannot be used alongside other buying schemes.
I’m a buy-to-let purchaser, can I use Deposit Unlock?
Buy-to-let purchasers cannot use the Deposit Unlock scheme as the property purchased must be the only mortgaged property.
Find your home
If you are interested in Deposit Unlock and would like to know more, select your new home development today and speak to the Shanly Homes team.
Terms and conditions
1. Deposit Unlock is available on selected homes and on selected developments.
2. You must be able to provide a 5% deposit.
3. The scheme is only available in the UK.
4. The scheme is only available on homes up to a value of £833,250 dependent upon the mortgage lender’s criteria and upper limit.
5. The scheme may be withdrawn at any time prior to reservation of the relevant plot.
6. Deposit Unlock cannot be used in conjunction with any other buying scheme offered by Shanly Homes.
7. Shanly Homes do not offer mortgage advice. Please seek independent advice from a qualified financial or mortgage advisor.
8. Entering a Deposit Unlock Agreement does not preclude your right to a full reservation fee refund during the 14-day cooling off period under the terms of the NHQC.
