Own New – Rate Reducer

Up to 3% lower interest rates on mortgages through St. Modwen Homes!

We know that, given the current economy, everyone is focused on affordability and making their money go further. Through Own New Rate Reducer, people looking to purchase one of our award-winning sustainable homes can reduce their mortgage interest rates by up to 3%!

How does it work?

Own New Rate Reducer is a new initiative that allows both first-time buyers and homemovers that are looking to secure a new-build home access to mortgages at significantly reduced interest rates, saving them hundreds of pounds each month on their payments.

What are the benefits?
  • You’re able to unlock access to mortgages at lower interest rates
  • You can secure lower monthly mortgage payments
  • This can be applied on either two-year or five-year fixed mortgage products
  • Depending on the amount you’re borrowing, your Own New Rate Reducer mortgage could have an interest rate up to 3% lower, fixed for either two or five years

Launching in March 2024, if you’re interested in hearing more about Own New and how it could apply to your new-build home purchase, enquire here and a member of our sales team will be in touch with you!

Register your Interest
Own New - Rate Reduce
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Find out more about our range of homebuying initiatives below…

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