Tenure : Freehold
Through Own New Rate Reducer, people looking to purchase one of our award-winning sustainable homes can reduce their mortgage interest rates to as low as 1%*.
How does it work?
Own New Rate Reducer is a new initiative that allows both first-time buyers and homemovers that are looking to secure a new-build home access to mortgages at significantly reduced interest rates, saving them hundreds of pounds each month on their payments.
Available on selected homes, you’ll put a deposit that suits you anywhere from 10%* to 40%, and we’ll contribute either 3 or 5%* of the purchase price as an incentive to the lender, which then unlocks a lower monthly mortgage rate for you!
Take a look at our example:
Property Price: £350,000
Got a bigger deposit?
Enquire today to speak to a registered financial advisor to see how Own New Rate Reducer could be for you.
*Monthly mortgage figure shown is for illustration purposes only and is based on a purchase price of £350,000. Example assumes a 3% homebuilder incentive and is based on mortgage rates available in the market on a 2-year fixed product with a LTV 90% over a 35 year term. Following the initial 2-year fix your mortgage rates may go up and savings made are 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 repayments. Illustration valid as of 13/03/2024.
^ Monthly mortgage figure shown is for illustration purposes only and is based on a purchase price of £350,000. Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market on a 2-year fixed product with a LTV 60% over a 35 year term. Following the initial 2-year fix your mortgage rates may go up and savings made are 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 repayments. Illustration valid as of 13/03/2024.
*Incentive values are available on selected plots only and incentive values of 5% are not currently available with a LTV greater than 75%.
View a Kemble 2 bedroom home by booking an appointment today!
The Kemble features an open-plan kitchen-dining room, perfect for entertaining and socialising. When you’re ready to unwind, step into the separate living room and enjoy some downtime. Upstairs is home to the two generously sized bedrooms, with the master bedroom benefitting from its own built-in wardrobe.