Own New - Rate Reducer is an exciting new scheme available on new build homes.
It could enable you to secure a lower mortgage rate and reduce your monthly payments.
It is available to First Time Buyers AND to existing homeowners.
You'll own 100% of your new home.
You'll have a regular mortgage but with lower monthly payments for a fixed period.
Own New Rate Reducer
What is Own New Rate Reducer?
How does Own New Rate Reducer work?
Speak to a Sales Consultant and find out which of our new homes are available with Own New - Rate Reducer.
Contact an Own New panel independent mortgage advisor qualified to provide advice on Own New Rate Reducer.
We could then contribute either 3% or 5% of the purchase price towards your new Shanly home.
We pay the contribution directly to your mortgage lender (through the third party Own New).
Below 1% mortgage rate example assumes a 5% homebuilder
incentive and is based on mortgage rates available in the market,
with a 2-year initial period and LTV of 60%. Savings made in the
initial period. To benefit from this scheme you must have taken
independent financial advice from a regulated mortgage broker. Your
home may be repossessed if you do not keep up your mortgage
repayments. Rates valid as of 2nd March 2024.
Full T&Cs apply.
