OWN NEW RATE REDUCER
REDUCED RATES AND SMALLER DEPOSITS
WE HAVE PARTNERED WITH OWN NEW TO BRING YOU A SIMPLER, HASSLE-FREE WAY TO GET AN AFFORDABLE MORTGAGE ON YOUR DREAM DENBURY HOME
HOW IT WORKS
1. Speak to one of our knowledgeable Sales Consultants to see if Own New’s Rate Reducer is available on the property you love.
2. Arrange your mortgage with one of approved Mortgage Brokers. They will be able to advise if Own New’s Rate Reducer is right for you.
3. Reserve your dream Denbury Home subject to our normal terms and conditions.
4. Move into your new Denbury Home!
For more information, and to visit the Own New website, please click on the Own New logo below.
Key features OF OWN NEW’S RATE REDUCER
Reduced interest rates
Buy with a 5% deposit
Own 100% of your home
You can be employed or self-employed
Available on a selection of Denbury Homes
How does OWN NEW’S RATE REDUCER work?
Through Own New’s Rate Reducer we pay either 3% or 5% of the value of your new home directly to your lender, reducing your monthly payments and interest rate for the fixed term of your mortgage (normally 2 or 5 years)
Frequently asked questions
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.
This scheme is open to anyone purchasing a new build property including first time buyers and home movers. Own New works with home builders and lenders behind the scenes, taking a fee from the home builders and using this with the lender to reduce the interest on mortgage payments for the initial term.
Please speak to one of our knowledgeable Sales Negotiators for information on which properties are eligible for Own New’s Rate Reducer
Your mortgage is directly with the lender. Own New is the platform that sits between your broker and the lender to ensure you get a great deal.