Own New - Rate Reducer
Lower your monthly mortgage payments on a new build home with Own New’s Rate Reducer: a simple, hassle-free way to buy your first home or move up the ladder with reduced rates and full ownership.
Estimate your monthly savings
Use our quick calculator to discover how much less you could pay each month with an Own New Rate Reducer mortgage. Click the button below to use the calculator.
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What Is Rate Reducer?
Own New’s Rate Reducer is a new scheme that works with homebuilders and lenders to offer reduced mortgage rates and smaller deposits on new build homes.
You take out a regular mortgage and own 100% of your home — no shared ownership, no hidden catches.
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Learn more
Or read the steps below:
Step one: Find a new build you love
Step two: Speak to an approved Own New broker (we can recommend trusted Independent Financial Advisors who know the scheme)
Step three: Secure your mortgage and move in — you own your home outright
Benefits of Own New – Rate Reducer
• Lower monthly mortgage repayments
• More capital re-paid during the fixed term
• Available on new build properties
• An easy and accessible market-leading product, available via reputable lenders such as Halifax
• Available for first-time buyers and home movers
Own New’s Rate Reducer helps cut your costs compared to standard mortgage products, giving you a simpler, more affordable way to buy new.
Ready to get started
Speak to a specialist mortgage broker for tailored advice. Panel brokers can access exclusive Rate Reducer deals not generally available on the open market.
020 3797 6687 | thelock@cbre.com
What rates are available?
0.99% to 3.99% (2yr fixed)
Mortgages from 60% to 95% LTV
Example rates
Contact us to find out more:
020 3797 6687 | thelock@cbre.com
Terms and conditions apply.