Martinshaw Meadow benefits from Deposit Unlock to Empower Homebuyers.
Martinshaw Meadow, the popular residential development by award winning Lagan Homes, is thrilled to announce the introduction of Deposit Unlock, a groundbreaking initiative aimed at helping first-time buyers and home movers turn their dreams of homeownership into reality. This innovative scheme offers a lifeline to those struggling with the hurdle of saving for a hefty deposit, making the path to home ownership smoother and more attainable.
What is Deposit Unlock?
Deposit Unlock is a scheme developed by the Home Builders Federation, in collaboration with mortgage lenders, designed to assist potential homebuyers by bridging the gap between their existing savings and the deposit required to purchase a property. Through this scheme, Martinshaw Meadow is enabling individuals and families to secure their dream home sooner than they ever thought possible.
Who Qualifies for the Scheme?
Deposit Unlock is open to both first-time buyers and existing homeowners looking to move to Martinshaw Meadow. It’s a game-changing opportunity for anyone facing challenges in accumulating the required deposit amount, providing a feasible solution for individuals with varying financial backgrounds.
- You only need a 5% deposit, with a 95% mortgage
- Available to both first-time buyers and home movers
- No upper limit on household income
- Benefit from an insurance-backed guarantee, allowing access to competitive mortgage rates
- You own 100% of the property
- Available exclusively on new build homes
Louise Ballmann, Senior Sales Manager at Lagan Homes “Deposit Unlock represents a giant leap forward for aspiring homeowners. It’s not just about buying a house; it’s about unlocking a future. We believe that everyone deserves a chance to own their home, and this scheme aligns perfectly with our commitment to making homeownership accessible to all.”
For instance, consider a home at Martinshaw Meadow priced at £255,000. Traditionally, a 10% deposit would amount to £25,500 a significant sum for many buyers. With Deposit Unlock, eligible buyers can contribute a smaller 5% deposit of just £12,750, making homeownership more achievable.
Louise Ballmann continues “The scheme works by reducing the upfront deposit requirement, allowing individuals and families to step onto the property ladder without the overwhelming financial burden.”
A range of two, three, four and five bedroom homes are available, enough choice to suit all needs and lifestyles. Don’t miss this opportunity to transform your homeownership dreams into reality. Join us at Martinshaw Meadow, where Deposit Unlock is reshaping the way people buy homes, one key at a time.
Martinshaw Meadow Sales and Marketing Suite is open Thursday to Monday, 10am to 5pm.
Markfield Road, Ratby, LE6 0LS
To book an appointment, please call 0116 216 1402, or email ratby.sales@laganhomes.com.
*Deposit Unlock is available on selected homes only, subject to status and qualifying conditions. Terms and conditions apply, available on request.