Your new home is closer than you think.
Make it yours with an Own New mortgage and just 5% deposit.
Own New has partnered with a select number of home builders to bring you a simpler, hassle-free way to get an affordable mortgage on a new-build property – for up to 95% of the purchase price.
It’s available for first-time buyers and homeowners alike, and it can be used to buy your perfect new home.
What is an Own New mortgage?
A standard mortgage, but tailored exclusively for people buying new-build homes.
It’s arranged through a lender in the normal way, using competitively priced mortgage products, but you only need a 5% deposit.
An Own New mortgage is ideal for people with low deposits or more complex financial circumstances.
How does it help the homebuyer?
An Own New mortgage is ideal for people with low deposits or more complex financial circumstances.
With an Own New mortgage, you go on to own 100% of your new home.
There is no cost to the homebuyer for using Own New. Your home builder pays a fee that enables the lender to offer competitive, low deposit mortgages on its newly-built properties.
Own New is increasing the accessibility and affordability of mortgages for new homes, and it’s available for buyers with a small deposit – just 5% is all you need.
A Simple Solution
Search for a new home near you and contact us when you’ve found what you’re looking for. We can help you arrange the mortgage that’s right for you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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