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. You get a normal mortgage and own 100% of your home.

Reduced rates 

  • Reduced interest rates
  • Own 100% of your home
  • Employed or self-employed
  • Available for houses or flats

How it works

Step one – Find one of our properties you love

Step two – Arrange your mortgage with one of our approved Own New mortgage brokers

Step three – They’ll help you determine if Own New’s Rate Reducer is right for you

Step four – Own 100% of your new home

Rate Reducer

Tackle the cost of living crisis with a reduced rate mortgage

  • Lower Payments
  • Sub 4% interest rates
  • Own 100% of your property

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.


Who’s eligible to use Own New’s service? And how does it work?

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.

What properties is the Rate Reducer available on?
Please speak to your local sales rep for information on which properties offer the Own New scheme.

Who will my mortgage be with?
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.

How do I get started? How do I access this service?
Once you’ve found one of our properties you love, your local sales rep can recommend an Own New approved broker who will guide you through the mortgage application process.