Own New Rate Reducer
Introducing the Own New Rate Reducer, a fresh initiative for new build homes that helps you secure lower monthly mortgage payments. This hassle-free scheme offers affordable mortgages with reduced interest rates for the first 2 or 5 years.
Exceptional Mortgage Rates
Whether you’re a first-time buyer or a current homeowner, Rate Reducer allows you to buy a new build home with a reduced interest rate mortgage, resulting in lower monthly payments for the initial term.
Benefits:
- Lower interest rates
- Reduced monthly payments
- Full ownership of your property
Transform your new home dreams into reality with reduced rates, giving you more financial freedom.
Experience significant savings on your mortgage payments with the Own New Rate Reducer program.
How It Works:
- Choose Your Property: Select a new build home that you love from our portfolio.
- Arrange Your Mortgage: Work with an approved Own New mortgage broker to determine if Rate Reducer is right for you.
- Contribute to Purchase: If eligible, we contribute 3% or 5% of your home's purchase price.
- Lower Your Payments: This contribution is paid to your mortgage lender, resulting in a lower interest rate and reduced monthly payments for the initial term.
- Enjoy Full Ownership: Own 100% of your new home from day one.
Find Your New Home with Own New Rate Reducer
Explore our range of new build homes and start your journey towards owning a home with lower mortgage rates.
Frequently Asked Questions
Who Can Use the Own New Rate Reducer? This program is available to anyone purchasing a new build property, including first-time buyers and home movers. Own New partners with home builders and lenders to reduce interest on mortgage payments for the initial term.
Which Properties Are Eligible? Contact your local sales representative to learn about the properties that offer the Own New Rate Reducer scheme.
Who Provides the Mortgage? Your mortgage will be directly with the lender. Own New acts as a bridge between your broker and the lender to ensure you get the best deal.
How Do I Get Started? Once you’ve chosen a property, your Sales Executive will connect you with an approved Own New broker who will guide you through the mortgage application process.
Terms and Conditions
For T&C’s please contact a Sales Executive who will put you in touch with a qualified broker.
Also in About Us
Our ethos
Our build-quality and customer care are second-to-none
Guide for Buyers
We make your home-buying experience as seamless as possible
Peace of mind
Dedicated customer support from the day you move in
Complaints Procedure
When you’re not happy, we take it personally
Frequently Asked Questions
From making a reservation to personalising your home, here are the answers to some of your most frequently asked questions.
Energy Efficiency
It’s now more important than ever to own an energy efficient home.