Access lower rate mortgages with Own New Rate Reducer
We have recently introduced the Own New Rate Reducer, a unique scheme that enables you to access low-rate mortgages when you buy your new Hill home at Marleigh.
- Arrange an appointment and meet our sales team to learn how you can own a new home with a lower rate mortgage and reduced monthly repayments using Own New Rate Reducer*.
- Open to first-time buyers and existing homeowners who want to move, its a simpler, better and hassle-free way to get access to a mortgage with a lower interest rate.
- With reduced monthly repayments during the initial mortgage period, it could help you buy a home sooner than you thought. ]
*Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 75%. Savings made in the initial fixed period. 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 payments. Rates valid as of 02.10.2024
How does Own New Rate Reducer work?
Own New Rate Reducer works behind the scenes with house builders and lenders, to reduce the overall cost involved with mortgage loans on new-build properties.
The reduction is funded by house builders' contributions towards the cost of the mortgage and enables the lender to offer borrowers more competitive interest rates during the initial period of their mortgage on a range of Hill homes in fantastic locations across the country.