5 Percent Deposit

Budget 2021: Mortgage guarantee to help buyers with 5% deposit. Published 6 days ago. Image copyright PA Media. A move to 5 per cent deposits is likely to require change to regulations introduced in the wake of the 2008 crash to take risk out of the financial system. 25 years on, Generation Rent.

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Our new NHS 5% Deposit Scheme is our way of saying a heartfelt thank you to all NHS employees, who have shown such courage in the face of the COVID-19 crisis.

To show our gratitude all NHS employees will be offered a 5% contribution towards their deposit, up to £15,000.

Here’s an example of how it works:

For a home costing £200,000 they would qualify for a contribution of £10,000. 

How do I apply?

Speak to one of our sales team who will introduce you to a specialist New Homes Mortgage Adviser.

View the full terms and conditions.

During the COVID-19 crisis the NHS have been working tirelessly to keep us safe, to show our gratitude during these unprecedented times we have been supporting them where we can:

PPE Masks

At the beginning of the crisis to show our gratitude and support we donated our entire stock of PPE masks to the NHS, to help them stay safer.

5 Percent Deposit Mortgage Scotland

Defibrillators

We then followed this by donating our entire stock of defibrillators from our sites to St John Ambulance and St Andrew’s First Aid, to help keep our communities safe.

£100,000 Donation

5 Percent Deposit Mortgages

In response to the NHS Charities Together Appeal we donated £100,000 to support frontline NHS staff and volunteers.