Our energy-efficient, brand-new homes could save you up to £2,200 per year on your energy bills^, visit here to find out more.

Mortgage rates below 1.87% available with Own New – Rate Reducer*

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What is Own New - Rate Reducer?

Own New - Rate Reducer is a brand-new 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.
Own New - Rate Reducer

How does Own New - Rate Reducer work?

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  • 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 3.19%*
  • And could save on your monthly mortgage payments in the first 2-5 years

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, find out more. Before making any decisions you should obtain independent mortgage advice.

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*Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 75%. Savings made in the initial fixed period. 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 08/04/2024.

Click here for full terms and conditions.