Own New - Rate Reducer: could mean lower mortgage rates and reduced monthly payments
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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.
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What are the benefits?
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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 {{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)}}