A couple sit on their sofa looking at their tablet reading about Deposit Builder

We know that many of our customers would love to own their own home. Deposit Builder is a way for you to save while you rent.

Our research showed us that 87% of our customers want to own their own homes so we have developed a number of ways to help them to get a first step onto the property ladder.



Saving a deposit is difficult so we have developed Deposit Builder. Just as it says on the tin, Deposit Builder will help you save while you rent.



We will help you by:


  • Giving you discount on your rent with the Home Group Discounted Rent Deal*.
  • Freezing the value of your house with the Home Group Price Freeze Guarantee* during the time you are saving. This means you will know what you are working towards and don’t need to worry about fluctuating house prices.
  • Matching the government Help to Buy ISA bonus cash with the Home Group Savings Match*. We will match up to £3000 - so you can get closer to buying your own home.

*terms and conditions will apply

Who is eligible for Deposit Builder?

Your first step is to check if you are eligible to apply for the scheme.



If you are a Home Group customer and can answer 'yes' to all of the following then you are half way there.



  • You are a first time buyer, who is currently unable to afford to raise a deposit for a suitable property on the open market
  • You've completed a starter tenancy of 12 months with Home Group or another public sector landlord
  • Your rent account is up to date with no arrears and will stay in credit
  • You have no current or pending bankruptcy charges, Individual Voluntary Agreements (IVAs), Debt Relief Orders (DROs) or any other debt issues with Home Group
  • There are no court proceedings about to be issued to you or any other tenant on your tenancy
  • You are not in receipt of housing benefit or Universal Credit and don't intend to claim for it
Some properties may not be eligible for us to sell. This could be because there are rules attached to the property protecting them from sales due to law or lending restrictions. When we receive your application we will check the property you live in to make sure it is available. All supported properties and those in Scotland are excluded.



If you have  any questions or want to find out more about Deposit Builder have a look at our frequently asked questions.



Start the application process

Home Group Limited (Charitable Community Benefit Society No. 22981R) is not permitted to provide financial advice. We strongly recommend all applicants to seek independent financial advice to fully understand the commitments and risks related to home ownership. Providers authorised and regulated by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) can be found at https://register.fca.org.uk/