Mortgage rates below 1.62% available
with Own New – Rate Reducer
Own New - Rate Reducer is a brand-new scheme available on new build homes.
It could mean lower mortgage rates and reduced monthly payments, whether you're a first time buyer or an existing homeowner.
Savings of up to £502 per month on your mortgage payments may be available with Own New Rate Reducer
We’ve partnered with Own New who could help you get a reduced rate mortgage on a new Cripps Developments home. Own New Rate Reducer could allow you to reduce your interest rate while still owning 100% of your property. It’s a mortgage, just with lower monthly payments for the initial period, helping you to make your dream Cripps home a reality.
Benefits of Own New - Rate Reducer
- Savings of up to £502 per month on mortgage payments may be available with Own New Rate Reducer for the initial term.
- Mortgage rates from as little as 1.62% for the initial term could be available to our customers through the Own New Rate Reducer Scheme.
- Dependent on the build stage of your chosen home, we could contribute either 3% or 5% of the purchase price towards your move through a participating lender. The contribution goes to your mortgage lender (through the 3rd party Own New).
- You could reduce your mortgage interest rate by up to 3.19%* over the initial fixed term
- You could save on your monthly mortgage payments in the first 2-5 years
- Available for first time buyers and home movers
Want to learn more?
Speak to a Sales Adviser at your chosen development who will put you in touch with a New Homes Mortgage Adviser to see if you could be eligible.
Before making any decisions you should obtain independent mortgage advice.
