Save up to 311* per month with Own New Flex
Own New and Pay Less with Own News Rate Reducer. Its a regular mortgage, just with lower monthly payments for the initial period.
As the homebuilder we`ll contribute 3% of the property price to your lender, which reduces your interest rate for the initial mortgage term, in turn lowering your monthly payments. The scheme is available to both first-time buyers and home movers purchasing a new-build home. It works with deposits from just 5%.
*Independent financial advise must be sought from a regulated mortgage broker to access the scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Example based on market interest rates, with an average house price of 349,950 and an average mortgage term of 30 years. Assumes a 3% homebuilder incentive and a 2 year fix, with 85% 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 19-04-2026