Family deposit mortgages

Buying your first home with help from a loved one


Over 1,000 reviews. Rated "Excellent"

Family springboard mortgages

If you are a first-time buyer who needs a little help getting on the property ladder, you may benefit from speaking to one of our expert advisors about organising a family springboard mortgage.

Also known as a family offset mortgage, this type of agreement enables relatives of first-time purchasers to use their savings and ultimately help them buy their new home.

First-time borrowers are able to apply for a family springboard mortgage with a deposit as low as 5%, if their parents (or another family member) agree to placing a lump sum into a savings account with the preferred lender, to secure the loan. The saver will however earn an attractive amount of interest on their cash, which can be withdrawn without penalty at the end of the term, so long as the mortgage customer has kept up their repayments.

It’s important to remember that a family springboard mortgage is not the same as a family deposit mortgage, in which the family member provides a deposit gift.

If you’re interested in arranging a family springboard mortgage on your first purchase, contact CLS Money today. Our team take the time to understand your situation and will help you find a family springboard mortgage product that fits both yours and your loved ones needs perfectly.

Quickly see how likely you are to be ACCEPTED FOR A MORTGAGE before you apply

Can I get a mortgage?

6 reasons to choose CLS Money

Mortgages that suit you

Mortgages that suit you

No matter your circumstances, we are here to get the right mortgage for you.

Appointments at your convenience

Appointments at your convenience

We can meet you seven days a week from 8am to 8pm at a place that suits you, whether it be at your home, place of work or our offices.

Free of charge, no obligation advice

Free of charge, no obligation advice

Our advice is completely free and there is no obligation to proceed with us if you are not entirely satisfied with the mortgages we recommend

At your side

At your side

We handle the entire mortgage application process through to completion, liaising with your lender, solicitor and estate agent to deliver a smooth, stress-free experience

With you all the way

With you all the way

As a responsible broker, we want your mortgage to always be the best fit for you. So when it's time to review it, we will be here to help.

Protecting what matters most

Protecting what matters most

We provide tailored life and home insurance solutions, so you can be assured that your loved ones and possessions are protected.

How To Get Your Mortgage Application Approved Quickly | CLS Money

Your Mortgage

Download the CLS Money App for FREE now

Track the progress of your mortgage application via our App and much more

  • Instantly message the team and keep up to date with your application
  • Upload and share documents for quicker decisions
  • Verify yourself faster with advance biometrics for proving your identity
  • Sign documents immediately on your smartphone
App Store Google Play

Why over 1,000 customers consistently rate us "Excellent"

Receive a personalised FREE mortgage quote

Get started

Did we mention we're award winners?

Speak to a member of the team now

Ready to discuss your mortgage options?

Contact us

< Gemma May Senior Mortgage Advisor

Why Us?

  • Expert advice
  • All credit considered
  • Free quotes
  • No obligation
Get Started
Contact us today

Free mortgage advice

Access to 120+ lenders

5-star rated service

Phone 01268 931611