Rowland customers

Own New Rate Reducer

Savings of up to £481 per month on mortgage interest payments available with Own New Rate Reducer*

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

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.

Own New rate reducer
Lovely new homes

How it works

  • Find one of our properties you love
  • Arrange your mortgage with one of our approved Own New mortgage brokers
  • They’ll help you determine if Own New's Rate Reducer or Deposit Drop is right for you
  • Own 100% of your new home

* Example based on market interest rates, with an average house price of £360,000 and an average mortgage term of 35 years. Assumes a 5% homebuilder incentive and a 2 year fix, with 75% LTV mortgage. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as of 12-11-2024.

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