Own New Scheme

With the exciting Own New Rate Reducer scheme, new home purchasers can now access lower interest rate mortgages for a fixed period of time. The scheme works closely with lenders and home builders to make these reduced rates available for new build homes. The mortgages are available on 2-year and 5-year fixed terms. What’s even better, is that you will own 100% of your new home.

If the monthly payments don’t suit your circumstances, then the Deposit Drop may be a better option. This allows you to purchase the home with as little as a 5% deposit, with great rates still available. We can put you in touch with an accredited independent financial advisor to help you make the right decision for you.

You don’t need to be a first time buyer to access this scheme, it’s also available to existing homeowners looking to move. The assessment criteria is based on current earnings, so there are options available to you if you are self-employed or still building your credit.

A number of lenders and home builders are already offering this scheme, and many more will be joining up in the coming months. Now is a great time to start looking for that dream home so you can be ready when the right thing comes up.