When it comes to securing your dream home, the financial side can sometimes feel overwhelming. The team at Kevler Homes makes the process simpler and more accessible for Harrow Green move-in-ready homes. The special 1% deposit offer is valid for all homes purchased before 31st March 2025. Here's how this offer works and why it could be a great option for home buyers.
- Less money upfront
One of the biggest advantages of a 1% deposit is how much easier it is on your home-purchasing finances. You only need to pay 1% of the home's purchase price upfront at signing the sales contract. That means more of your hard-earned cash stays in the bank, potentially earning interest while your home is being built and you’re working through finances with your bank or lending partner. - Faster to get started
With just 1% required, you can act quickly to lock in your ideal Harrow Green property without unnecessary delays in getting your full lending deposit together. - Your money is safe
Every cent of your deposit is securely held in a solicitor's trust account. It’s safe, sound, and untouched until settlement, giving you one less thing to worry about during the process. - More flexibility
A 1% deposit gives you room to breathe. You can enjoy peace of mind knowing your finances are working with you, not against you, as your new home is being built.
The important details
While a 1% deposit can make homeownership more accessible, it’s essential to understand how it fits into the bigger picture of your finances. For instance:
If your home costs $750,000 and your bank has approved an 80% loan of $600,000, the bank may want proof you can cover the remaining 20% ($150,000).
Despite this, you only need to pay 1% of the purchase price upfront (that’s just $7,500) to secure your home while you finalise the rest of the funds.
In short, we require only a 1% deposit to get you started. However, your bank may have additional lending criteria, so it’s a good idea to check in with them as you plan your finances.
Why choose a 1% deposit?
This approach is all about accessibility, speed, and flexibility. Whether you're a first-time buyer or simply looking for a smoother way to secure your next home, the 1% deposit is designed to help you achieve your goals with less stress.
