The newest product to the mortgage market is now available on selected developments and plots across our range of new build homes.
Rate Reducer from Own New, available exclusively on new build homes, means you could secure your best mortgage deal ever with rates as low as under 1%*.
How does Rate Reducer work?
We could contribute either 3% or 5% of the purchase price of your new home which would go directly to the lender (via Own New) to reduce your mortgage interest rate for the first 2-5 years meaning lower monthly payments for you.**
What should I do next?
- Search our developments to find the best one to suit your needs.
- Speak to the Sales Consultant on site and choose your new home.
- Our Sales Consultant will put you in touch with an independent mortgage advisor, able to advise on Rate Reducer, who will assess your eligibility.
- Decide if Rate Reducer is the best option for you and secure your new home!
It is that simple!
*Example assumes a 3% homebuilder incentive and is based on mortgage rates available in the market, with a 2-year initial period and and LTV of 60%. Savings made in the initial fixed period. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as at 26/02/2024.
**Full T&Cs apply. Only available on certain developments and plots. Only available on full asking price.
