Own New Rate Reducer
We have partnered with Own New to bring you a simpler, hassle-free way to get an affordable mortgage on a new build property.
Tackle the cost of living crisis with a reduced rate mortgage. You get a normal mortgage and own 100% of your home. 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.
How it works
- Step 1
-
Find a home you love
You’ll find a variety of homes available across our developments, either available to view on our website or visit our marketing suites for a tailor-made viewing
- Step 2
-
Arrange your mortgage with one of our approved Own New mortgage brokers
Talk to an approved Own New mortgage broker for independent financial advice and guidance through the mortgage process. Tackle the cost of living with a reduced rate mortgage
- Step 3
-
They’ll help determine if Own New’s Rate Reducer is right for you
With approved financial advice from an Own New mortgage specialist means you can be safe in the knowledge that everything will be tailored just for you
- Step 4
-
Own 100% of your new home
The beauty of Own New is that you’ll own 100% of your new home. Your mortgage is direct with the lender. Own New is the platform that sits between your broker and the lender to ensure you get a great deal
Ask us how you can reduce your mortgage rate with Own New
FAQ’s
Q: Who is eligible to use Own New’s service? And how does it work?
A: The 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 builder and using this with the lender to reduce the interest on mortgage payments for the initial term
Q: Which properties is Rate Reducer available on?
A: Please speak to our Sales Consultant for information on which properties offer the Own New scheme
Q: Who will my mortgage be with?
A: 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
Q: How do I get started? How do I access this service?
A: Once you’ve found one of our properties you love, our Sales Consultant can recommend an Own New approved broker who will guide you through the mortgage application process
Newland Homes Limited is a property developer registered in England and Wales number 2582221.
Registered office: Brighouse Court, Barnett Way, Barnwood, Gloucester, GL4 3RT.
Google Privacy | Google Terms