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The housebuilding industry’s 95% loan-to-value mortgage scheme, Deposit Unlock, has signed up 50 builders, says the Home Builders Federation. The 5% deposit plan was developed by the trade with homebuilders and reinsurance broker, Gallagher Re. It includes such builders as Persimmon, Taylor Wimpey and Crest
Trade body the Home Builders Federation (HBF) has launched a new website especially for the Deposit Unlock scheme. Deposit Unlock has been designed to provide high-LTV mortgages for both first-time buyers and people wishing to move home. It was developed between home builders, the HBF, and reinsurance broker