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First Step Mortgage: Helping First-Time Buyers Own a New Home

Buying Your First Home Could Be Closer Than You Think with Just a 2% Deposit

For many first-time buyers, saving for a deposit can feel like the biggest challenge on the journey to homeownership. While monthly mortgage payments may be affordable, finding a large upfront deposit can often delay plans to buy a home.

That's why we're delighted to introduce the First Step Mortgage from The Cambridge Building Society – a new mortgage designed to help eligible first-time buyers purchase a selected Newett home with just a 2% deposit.

With lending of up to 98% loan-to-value, the scheme has been created to make homeownership more accessible, helping buyers take that all-important first step onto the property ladder sooner than they may have thought possible.

 

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A Helping Hand for First-Time Buyers

The First Step Mortgage has been designed specifically with first-time buyers in mind. As well as requiring just a 2% deposit, the mortgage also accepts gifted deposits from immediate family members, providing additional flexibility for those receiving a helping hand from loved ones.

Whether you're buying on your own or together with a partner, this could be the opportunity you've been waiting for.

Brand-New Homes Across Yorkshire and Beyond

The First Step Mortgage is available on selected Newett Homes across a number of our developments, including:

  • Hazel Grove, Carcroft
  • Clifton View, Osgodby
  • The Heath, Fenay Bridge
  • Highmoor Gardens, Northowram
  • Cedar Grove, Birchencliffe
  • The Paddocks, Kirton in Lindsey

From stylish starter homes to spacious family properties, every Newett home is thoughtfully designed with modern living in mind, combining quality craftsmanship with energy-efficient features to help keep running costs down.

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We're Here to Help

Buying your first home is a big milestone, and we know it can sometimes feel overwhelming. Our experienced Sales Executives are here to guide you through the process, explain the First Step Mortgage and help you find the right home for your budget and lifestyle.

If you're ready to stop renting, move out of the family home or simply explore what's possible, we'd love to help.

Book an appointment today or visit one of our developments to find out whether the First Step Mortgage could help you own your very first Newett home.

*Terms & Conditions
  • The First Step Mortgage is provided by The Cambridge Building Society and is subject to the lender's eligibility criteria, affordability assessment, credit checks and lending policy.
  • The First Step Mortgage is available to

    first-time buyers only

    and is available on eligible properties, subject to the lender's criteria. Please speak to our Sales Executives for details of participating Newett Homes developments.
  • Deposit figures shown throughout this website are

    illustrative examples only

    , based on 2% of the advertised purchase price of selected homes, and are rounded for simplicity. Actual deposit requirements may vary depending on your individual circumstances and lender requirements.
  • Property prices and availability are correct at the time of publication (14 July 2026) but may change without notice.
  • Mortgage products, interest rates and lending criteria may change or be withdrawn by the lender at any time without prior notice.
  • We strongly recommend that you seek advice from an

    independent mortgage adviser or qualified financial adviser

    before making any financial commitment. Your adviser will assess your personal circumstances and recommend whether this mortgage is suitable for you.
  • Newett Homes does not provide mortgage or financial advice. Information provided on this website is for guidance only and should not be relied upon as financial advice.
  • Images, floor plans, CGIs and specifications are indicative only and may vary between developments and individual homes.
  • Incentives and offers cannot always be used in conjunction with any other promotion and may be withdrawn at any time. Please speak to a Sales Executive for full details.
  • YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.