Own New: Affordable living, made easier

Strongvox Homes is excited to offer new buyers the benefits of the Own New scheme, which includes the innovative Rate Reducer mortgage. This partnership makes new-build homes more accessible by reducing initial mortgage rates, ensuring affordability for buyers stepping onto the property ladder. With energy-efficient homes and tailored financial support, owning your dream home is now easier than ever.

Key benefits of the own new scheme

• Buy a new-build home with a Rate Reducer mortgage
• Low interest rates (terms apply)
• Deposit levels from just 5%
• Own 100% of your home from day one
• Available for first-time buyers and movers
• Applies to both houses and flats

How it works:

1. Find your dream new-build home.
2. Arrange your mortgage with one of our approved Own New mortgage brokers
3. They’ll help you determine if Own New’s Rate Reducer mortgage is right for you
4. Own 100% of your new home

Here’s how this scheme works for a home priced at £350,000

• Deposit: Pay just 5% upfront—a total of £17,500.
• Lower Monthly Costs: With the Rate Reducer mortgage, enjoy reduced interest rates for the first five years, keeping payments more affordable.
• Ownership: Unlike shared equity schemes, you own 100% of your home from day one while enjoying financial flexibility.

Explore the full range of stunning Strongvox homes, all eligible under the Own New scheme, by viewing our current available plots here. For further details about the Rate Reducer mortgage and its benefits, head to ownnew.co.uk. Your dream home is just a search away!