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# Developer offering deposit bonus on Lichfield apartments
- URL: https://lichfieldlive.co.uk/developer-offering-deposit-bonus-on-lichfield-apartments/
- Published: 2025-04-30T06:04:00.000Z
- Updated: 2025-04-29T08:37:11.000Z
- Description: A developer is offering a deposit bonus on new apartments in Lichfield.
- Author: Lichfield Live
- Tags: Business, #wp, #wp-post, #Import 2026-07-22 18:49, News

A DEVELOPER is offering a deposit bonus on new apartments in Lichfield.

Elan Homes’ Lorne House scheme off Rotten Way is hoping to boost buyers’ budgets.

The 5% contribution could be worth up to £21,500 for those considering the development as their new home.

Regional sales director Tracey Ball said:

> “The idea behind offering a 5% gifted deposit contribution is to help increase the range of mortgage options available to buyers.  
>  
> “With a deposit boost they may be able to access more competitive interest rates, lower mortgage rates or a shorter mortgage term.”

For more information about the offer and the four available apartments visit [the Elan Homes website](https://www.elan-homes.co.uk/developments/lorne-house-the-sidings?ref=lichfieldlive.co.uk).