OWN New – Rate Reducer
Own New – Rate Reducer
You could reduce your monthly mortgage costs and put owning a home at Cerulean Quarter within reach.
Lower
Mortgage Rates
Reduced Monthly Repayments
What is it and who is eligible to apply?
Own New – Rate Reducer is a new type of lending designed to make buying a new home more accessible by lowering your mortgage interest rate and monthly mortgage payments in the first few years. Rate Reducer is open to first time buyers and existing home owners.
How does it work?
Depending on which of our apartments you’d like to buy, we could contribute up to 3% or 5% of the purchase price. Through Own New, that contribution goes directly to a selected mortgage lender allowing you to lower your mortgage interest rate and save on monthly mortgage payments fixed for either 2 or 5 years.
Find out if Rate Reducer could help make owning a home at Cerulean Quarter a reality by getting in touch with a member of our sales team on 020 3929 0303.
Please note your home is at risk if you do not keep up any other debts secured on your home.