Discover how it works
We have partnered with Own New to bring you a simple, hassle-free way to get an affordable mortgage on a new build property.
Own New Today
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Find one of our selected properties you love
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Arrange your mortgage with one of our approved independent Own New mortgage advisers
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They’ll help you determine if Own New’s Rate Reducer is right for you, and explore other mortgage products that may also be suitable
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Subject to financial qualification, you can reserve your new home!
A bit more about Rate Reducer
Tackle the cost of living crisis with a reduced rate mortgage. It’s a regular mortgage, just with lower monthly payments for the initial period. Own New’s Rate Reducer makes your beautiful new home a reduced rate reality.
We are here for you
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Lower Payments
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Sub 4% interest rates
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Own 100% of your property
FAQ
This scheme is open to anyone purchasing a new build property including first time buyers and home movers. Own New works with home builders and lenders behind the scenes, taking a fee from the home builders and using this with the lender to reduce the interest on mortgage payments for the initial term.
Please speak to your local sales executive for information on which properties offer the Own New scheme.
It’s not currently possible to combine the two mortgage products.
Your mortgage is directly with the lender. Own New is the platform that sits between your broker and the lender to ensure you get a great deal.
Once you’ve found one of our properties you love, your local sales executive can recommend an Own New approved broker who will guide you through the mortgage application process.
Once you’ve found one of our properties you love, your local sales executive can recommend an Own New approved broker who will guide you through the mortgage application process.
Discover the benefits!
<p>Choosing a new home is exciting, but we also understand it can be daunting for some. We’ll support you every step of the way. Plus, alongside a range of offers, we provide help for first time buyers to make buying your new home more manageable.</p>
Bullet point list
Reduce Interest Rates
Buy with just a 5% deposit
Own 100% of your home
Available for employed or self-employed
Available for houses or flats
Terms and Conditions Apply*
*Mortgage rates from 2.73% available with Own New Rate Reducer Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 90%. 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 of 18/11/2024
