Own New - Rate Reducer: could mean lower mortgage rates and reduced monthly payments
![Own New - Rate Reducer](https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=100&hash=EB7E19EDF9BF72FCF43EEA370FEC7B6C| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=200&hash=BFEB79CB9773B05E1EF63F6214EAAAF5| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=300&hash=C700CB5AD6E1FC544D641D458A15EB52| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=400&hash=B155002CD869E42FC30567D3DA5B1D4A| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=500&hash=9797B75FB093EF013BBDB53BF09841A2| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=600&hash=616B36898E16DE4B2672BCB2A1F21E27| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=700&hash=8F71654A6B9452A70BFC01A443EE110E| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=800&hash=58177A915D2C13742E467709B4EDF6F5| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=900&hash=37C816E622B69E7234B45AD7408FD8AF| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=1000&hash=AED1FFFBD02B0388119362188D0B0672| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=1100&hash=BD1284A4A228C72B9469EB1BCFDE8803| https://www.barratthomes.co.uk/new-homes/london/-/media/scheme-assets/own-new---rate-reducer/bl/2150_bl_rate-reducer-scheme_infographic_web_v2-01.png?w=1200&hash=4A7C0525460E99A10FB40229F8BC71BA)
What is Own New - Rate Reducer?
Mortgage rates below {{dictionaryValue(ONRR%)}} available with Own New – Rate Reducer*
Own New - Rate Reducer is a 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.
![Lounge](https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=100&hash=E32C78C68C5B02C0E3BBA66A527E0ECC| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=150&hash=51F60E32BF2D45C26E4AFAAF7BAB89E5| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=200&hash=57FE4B49CADF23FD72121D0A676DCD1A| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=250&hash=14E42C8673B6A27FEEE05B5BB8EE4989| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=300&hash=17564FD217DD664957B60D8AA578EBE6| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=350&hash=4F146736C533E3B83AF12B70C9602180| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=400&hash=5F0AEB3FFEA820BF6F5D92057D1733BC| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=450&hash=3334E3796BCC107F2CCB25FA836A6F90| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=500&hash=9B6DB2DB103C461427DBD3E7276C67A7| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=550&hash=9655C0130DAC8140DEF9BB66EFFFC56E| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=600&hash=DAB22F75917EAFD112C78BEEA269F4CE| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=650&hash=E3A45FC527067D9BA43D6C17190A5C76| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=700&hash=5038F3ADF54F0DB184A816B9EADE7A88| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=750&hash=A765319EF517EB3C8B9B9CFF1AB45F78| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=800&hash=587BF32181E7F8875DABAFCC2095357E| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=850&hash=16D8F3A09E84753E2FD3115963421DCE| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=900&hash=869A2B7B55C65AA1A18A49D948DB1A75| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=950&hash=CF02E62258C99ABD861CEB861B6C35F5| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=1000&hash=DF558AD8B4AA960E887D75E8A0FEFCE5| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=1050&hash=C452960D75DBF9B8BBD97FC19B308118| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=1100&hash=3AB1E3DA12CD4B831D874FFD14160AC5| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=1150&hash=2B3C48EE53AA85C6AE08CF6ED9254580| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-london/offers/own-new/ca102542.jpg?w=1200&hash=014DA9F1642C6FFA73D320B79C880544)
What are the benefits?
![Own New logo](https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=100&hash=DA8D2BBD96CB9ADAA5D830420A2ADF24| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=150&hash=0AF7023EAE3F3A06690B137914567205| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=200&hash=E82C195B6600FD94B71D9390ED3849F8| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=250&hash=08B2580DBC24422A6CBDCFF77A38E531| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=300&hash=A5CA75BDC978DEFE39FEC55223DCE8D3| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=350&hash=42C35DB844DF3F206156260B2C4414A9| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=400&hash=E204F4E1985009A0C95CB54DE57EBF7F| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=450&hash=AA129A4D3242B675DF56C328DE7A523D| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=500&hash=B111B3CB62C25BF9C36F3D85478F70B7| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=550&hash=773F737CF3894D6903E5A14453BF4815| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=600&hash=F92C92D91D3365D73005DFAB632DA482| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=650&hash=9C39C1BC7E334F9F9D644F3CCBB65578| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=700&hash=6BB13E56B7CA029135846C053D49CC12| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=750&hash=3848EA79B3A37B96173A2FBFCE313450| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=800&hash=15CD4560685A70F55B9CB0A1890E178F| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=850&hash=26B6BD2617AF8186B08BC2EA41C5A2ED| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=900&hash=4788C0012008766B233F6DC2B30F8D33| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=950&hash=EEB152BAE61CBB7C0AD4177044396E33| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=1000&hash=139D4177E75450A469D425D23F2FB07B| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=1050&hash=C4418C26EA0F24E6FCEA758781891565| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=1100&hash=CBBA297AAF3C584BE64FDC00E09F1B31| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=1150&hash=8CEA0DD7C0429138B51E304A3BDB7B36| https://www.barratthomes.co.uk/new-homes/london/-/media/group/barratt-homes/offers/own-new/on_primary_rgb_300-1000wide.png?w=1200&hash=1BB79F243CD83921B4667F6CADE4A84F)
- 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 {{dictionaryValue(ONRR%Saving)}}*.
- And could save on your monthly mortgage payments in the first 2-5 years.
Are you eligible?
- 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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*{{dictionaryValue(ONRRDateTC)}}