Deposit Unlock – Drew Smith Homes

First or Next time buyer? You could buy a Drew Smith Home with a 5% deposit

With Deposit unlock, whether you are a first time or next time buyer, you could purchase a new Drew Smith Home with a 5% deposit up to the value of £750,000!

Drew Smith Homes is delighted to offer an exciting new purchase scheme... Deposit Unlock.

A low deposit mortgage solution developed in collaboration with mortgage lenders and the housebuilding industry. Deposit Unlock is exclusive to new build homes and with access to competitive mortgage rates, could make your move a more affordable one.

Available to both first and next time buyers, Deposit Unlock means you could buy a brand new Drew Smith Home with a 5% deposit, subject to criteria.

Deposit Unlock is only available on selected homes and developments.

how it works

Simply select your dream Drew Smith Home priced up to £750,000 at one of our participating developments

Speak with your Sales Consultant about the Deposit Unlock Scheme

Agree together if the scheme is right for you and if you qualify, Drew Smith Homes will issue a written confirmation

Provide this written confirmation to the specified lenders who will advise if you meet their criteria

If successful, reserve your new Drew Smith Home

Deposit Unlock is available on selected plots at eligible developments in the UK up to a maximum value of £750,000 and is subject to lender participation, contract and status. Rates and maximum purchase price vary via lender. Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time. A minimum 5% customer deposit is required. The product is backed by a mortgage indemnity insurance to which Vistry Homes Limited make a financial contribution. The insurance covers the lender in the event of a loss as a result of repossession. The buyer’s obligations to the lender remain unchanged, as the benefit of the insurance is for the lender. Drew Smith Homes do not offer mortgage advice, any financial advice should be obtained from a mortgage adviser or lender. This offer is not available in conjunction with any other promotion. Vistry Homes Limited has appointed Gallagher Re to liaise with the mortgage lender and administer the Deposit Unlock scheme on its behalf.

Speak to your Sales Consultant for further details.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.