If you have a 5% deposit, we could match it with an additional 5% of the sale price.
With our Deposit Match incentive, you only need a 5% deposit to secure your new home! Get on the property ladder with a 5% deposit, and we’ll match it with an additional 5% of the sale price, freeing up any spare savings you have to help with the cost of moving or furnishing your new home. This will give you a 10% deposit in total, and then you’ll need a 90% mortgage via a reputable lender.
As an example, if you were looking to buy a home at The Lock worth £408,000, you would need a minimum 10% deposit of £40,800. With our deposit match incentive, you would only require a 5% deposit of £20,400 and we would then supply an additional £20,400!
You would then need a 90% mortgage. Under this incentive you are able to exchange contracts with just a 5% deposit, and the 5% deposit match provided by Telford Homes would be supplied on completion to the mortgage lender.
Once you’ve found your perfect home at The Lock, speak to our Sales Team and see if you could take advantage of our 5% Deposit Match.
Your New Homes Mortgage Adviser will then be able to provide you with further advice tailored to your personal circumstances and help secure the best mortgage deal.
Offer available on selected plots only, subject to contract and status. Offer is to contribute up to a maximum of 5% deposit payable at the time of completion and is subject to lender’s criteria.
Terms and conditions apply.