If you’re looking to buy a new build home but need extra support with your deposit, Deposit Plus could help make your move possible.

Designed to support buyers who already have a 5% deposit, Deposit Plus can boost your savings by up to an additional 5% of the purchase price, giving you a total deposit of up to 10% on selected new homes.

A larger deposit can make a real difference when buying a home. You may need to borrow less from a lender and could benefit from access to more competitive mortgage rates, depending on your individual circumstances.

How Deposit Plus helps buyers

Deposit Plus is one of the ways we offer a helping hand to people buying a new home, whether you’re purchasing for the first time or making your next move.

With Deposit Plus, Albemarle Homes contributes up to 5% of the purchase price towards your deposit on completion, subject to lender approval and eligibility.

This added support can help:

• Reduce the amount you need to borrow
• Improve affordability
• Make buying a new build home more achievable with a lower deposit

Deposit Plus example

Here’s how the Deposit Plus scheme could work in practice.

If you’ve set your sights on a Sloane home, for example, priced at £219,950:

• Your 5% deposit: £10,998
• Deposit Plus contribution (up to 5%): £10,998
• Total deposit: £21,995
• Mortgage required: 90% of the purchase price

Find out more

If you’re exploring low-deposit options for buying a new home, our team is here to help.

 Contact our sales team today or search for your new home here.

Terms & Conditions

Deposit Plus is available on selected plots only and is subject to contract and status. The scheme provides a contribution of up to a maximum of 5% of the purchase price, deducted on legal completion and subject to individual lender criteria. Deposit Plus is available to all homebuyers, including first-time buyers and home movers, but is not available to buy-to-let property purchasers.