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Buying a new home
Buying a new home is an exciting time, but it can also be quite overwhelming as there is a lot of information to take in. Our buying and moving guides will take you through the various processes and costs involved when buying a home. From the buying and pre-move processes including getting a mortgage and finding legal representation, to preparing for the move, you’ll find all you need to know to prepare you for your home buying journey.
Buying a new home is an exciting time, but it can also be quite overwhelming as there is a lot of information to take in.

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How much deposit do I need?

Having a strong deposit is a good way to increase your chances of being accepted for a mortgage. Unless you are using Help to Buy, you will usually need to have saved up at least 10% of your home’s value before you can make an application.

The amount you need to save will depend on a number of factors, with the main one being the price of the home you want to buy. Take a look at our mortgage calculator to see for yourself how the size of your deposit can affect how much you’re paying for your mortgage each month.

How much can i afford

What is the Help to Buy scheme?

With the Help to Buy scheme, you will only need a 5% deposit to secure your new home. 

The government will lend you up to 20% of the value of your new home, meaning you will only need a 75% mortgage. You won’t be charged any fees over the first five years of your loan, so you can use this time to save more for the future.

What is a deposit calculator?

Whether you’re just starting to build your deposit, or you’ve already got money set aside, using a deposit calculator can help you see how much further you’ve got to go.

It can be useful to see all the figures relating to your mortgage in one place – which is what a deposit calculator enables you to do. The calculator can give you an idea of what your mortgage repayments will be, based on various factors such as the term of your loan and its interest rate. 

What is a mortgage in principle?

Some people apply for a mortgage in principle before buying a new home. This is when a lender will say that, if all your financial and personal information is accurate, they would be willing to lend you the money you need to buy a new home.

A mortgage in principle can be reassuring, especially if your new home might not be completed for several months. A formal mortgage offer might have expired by the time your home is ready.

A mortgage in principle can usually be drawn up in 24 hours and will generally last between three and six months. You will need to check with your lender exactly how long yours will be valid for.

Our collection of new homes

Verve development strata
Two-five bedroom homes in Castleford
Temptation development strata
Four-five bedroom homes in Burton on Trent
Rhythm Development Strata
Three-four bedroom homes in Pontefract
Finesse development strata
Three-five bedroom homes in Leeds
encore development strata
Four-five bedroom homes in Brizlincote
Esteem development Strata
Three-five bedroom home
Attraction Development Strata
Four bedroom homes in Hull
360 new homes by strata
Four & five bedroom homes in Chesterfield
Radiance development strata
Four-five bedroom homes in Shepshed
Lavish development strata
Four-five bedroom homes in Micklefield
Kudos development strata
Four-five bedroom homes in Leeds
Elegance development strata
Three-five bedroom homes in Pontefract
Belong development strata
Four bedroom homes in Eckington
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