New Build Property Mortgages
Expert guidance on new build purchases, developer incentives, and competitive mortgage rates
What are the requirements for a new build mortgage?
New build mortgages require a minimum 5-10% deposit, though 15-20% is recommended due to potential down-valuations. You'll need an NHBC or equivalent 10-year warranty, valid mortgage offer covering the build timeline (typically 6 months), and proof of income for affordability. Developer incentives like deposit contributions must be declared to lenders.
What is a new build mortgage?
A new build mortgage is specifically designed for newly constructed properties. They require 5-10% deposit minimum with NHBC warranty coverage. Valuations can be challenging but developer incentives may help. Your Home Finance knows which lenders handle new builds best.
Content reviewed: 13 January 2026
Key Benefits
Why choose a new build property
10-year structural warranty coverage on new build properties for peace of mind
Modern construction with lower bills and higher EPC ratings for future value
Access schemes like part-exchange, deposit contributions, and stamp duty offers
Access to specialist new build mortgage products from major lenders
Expert Tips & Insights
Everything you need to know about new build mortgages
Frequently Asked Questions
Get answers to common new build mortgage questions
Ready to Buy Your New Build Home?
Get expert advice on new build mortgages, developer incentives, and competitive rates.
Get Expert Advice Today