Own New

Buy a New Build Home

Reduced rates & Smaller deposits

• Reduced interest rates

• Buy with a 5% deposit

• Own 100% of your home

• Employed or self-employed

• Available for houses or flats

How it works...

1. Find a new build property you love

2. Arrange your mortgage with one of our approved Own New mortgage brokers

3. They’ll help you determine if Own New's Rate Reducer or Deposit Drop is right for you

4. Own 100% of your new home

We have partnered with Own New to bring you a simpler, hassle-free way to get an affordable mortgage on a new build property. You get a normal mortgage and own 100% of your home.

2 amazing products...

Rate Reducer - Reduce your interest rate by up to 4% with Rate Reducer

Deposit Drop - Get on the property ladder faster – only 5% deposit needed with Deposit Drop

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 new 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 new home faster.

FAQ's

Testimonials

“Although we have good jobs and have both had salary rises and can afford to pay a mortgage, we only had a small deposit and most deals were for a deposit of 10 per cent or more”.... “we would not have been able to buy it without the help of the Own New five per cent mortgage. We are so grateful.”

Lee and Caroline Gunning

Family of 4 (plus dog) who upsized into a larger property with Own New’s Deposit Drop

Own New

Who’s eligible to use Own New’s service? And how does it work?

Who will my mortgage be with?

Is it possible to combine Rate Reducer and Deposit Drop?

Which house builders are signed up to the scheme?

How do I get started? How do I access this service?