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Thought low rate mortgages were gone forever?  Good news!! Own New ‘Rate Reducer’ is a brand new way to get lower mortgage payments for a new build home, meaning buyers could buy a brand new home, save on their monthly payments and pay less interest on their borrowings!

Savings of up to £424 per month on mortgage payments available with Own New Rate Reducer
Example based on market interest rates, with an average house price of £305,000

and an average mortgage term of 35 years.

Assumes a 5% homebuilder incentive and a 2 year fix, with 75% LTV mortgage.

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 14/05/2024

Visit our Rate Reducer page for more details and to see how this innovative scheme could help you step on, or up the property ladder!

For more information on eligibility and how the scheme works visit ownnew.co.uk



23rd May 2024

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