With Own New - Rate Reducer you could access lower mortgage rates and reduced monthly payments
How Own New - Rate Reducer works
Mortgage rates below {{dictionaryValue(ONRR%)}} available with Own New – Rate Reducer*
Own New - Rate Reducer is a scheme available on new build homes.
It could mean lower mortgage rates and reduced monthly payments, whether you're a first time buyer or an existing homeowner.
The benefits
Dependant on the build stage of your chosen home, we could contribute either 3% or 5% of the purchase price towards your move.
The contribution goes directly to your mortgage lender (through the 3rd party Own New).
You could reduce your mortgage interest rate by up to {{dictionaryValue(ONRR%Saving)}}*.
And could save on your monthly mortgage payments in the first 2-5 years.
Eligibility criteria
Speak to a Sales Adviser at your chosen development who will put you in touch with a New Homes Mortgage Adviser to see if you could be eligible.
This scheme is one of many that we offer, discover more. Before making any decisions you should obtain independent mortgage advice.
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