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Own New Scheme

Buying a new home has never been simpler.

With Own New, you can move into one of our homes, and save yourself some money in the process, whether you are a first-time buyer or an existing homeowner. 

We have partnered with Own New to bring you a simple, hassle-free way to acquire an affordable mortgage on one of our new build homes. You can secure a normal mortgage and still pay lower monthly payments whilst owning 100% of your new home. Alternatively, you can secure your dream home with just a 5% deposit.

How it works
  1. Find a home you love 
  2. Arrange your mortgage with an approved Own New mortgage broker 
  3. They will help you determine if Own New's Rate Reducer or Deposit Drop is right for you 
  4. Own 100% of your new home

What can Own New offer you?

Rate Reducer

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 home a reduced rate reality. 

Deposit Drop

Buy sooner with reduced deposit mortgages and competitive rates. 

  • 5% deposit 
  • Great interest rates 
  • Own 100% of your property 

No need for a large deposit or to turn to the bank of mum and dad. Own New's Deposit Drop gets you into your beautiful home faster. 

Couple moving in

Frequently Asked Questions

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. 

Please speak to one of our sales consultants for information on which properties offer the Own New scheme. 

It's not currently possible to combine the two mortgage products.

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.

Once you have found one of our properties you love, one of our sales advisors can recommend an Own New approved financial advisor, or you can find your own independent broker,who will guide you through the mortgage application process.

Find out more