What do you think of this new 5% deposit scheme for first time buyers?

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  • October 13, 2025 at 9:34 am #31763
    Modx25
    Keymaster

    Have you seen this?

    Barratt Redrow and Persimmon Homes, working with real estate asset manager QSix and mortgage lender Ahauz, have launched the Rezide Equity Loan.

    This allows buyers to purchase new build homes with just a 5% deposit. The scheme covers 15% of the property’s value through an equity loan (up to £100,000), with the remaining 80% financed by a standard mortgage from Barclays or TSB.

    This initiative aims to make homeownership more accessible, especially for first time buyers and those facing affordability challenges. It follows the end of government schemes like Help to Buy and reflects a private sector approach to addressing barriers to homeownership.

    What do you think? Would you consider this scheme as a viable option for stepping onto the property ladder?

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