Buy a new build home with interest rates from 0.99%!*

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*60% LTV and below, other fees may be charged.
Own New mortgage scheme
Own New Mortgage Scheme
Own New logo

Reduced interest rates

Own 100% of your home

Available for houses or flats

How it works...

Find a new build property you love from a participating house builder

Arrange your mortgage with one of our Own New mortgage advisers

They’ll help you determine if Own New’s Rate Reducer is right for you

Own 100% of your new home

Rate Reducer

Lower Payments

From 0.99% interest rates

Own 100% of your property

It’s a regular mortgage, just with lower monthly payments for the initial period. Own New’s Rate Reducer makes your beautiful new home a reduced rate reality.

Book an appointment today

Frequently asked questions

  • Who’s eligible to use Own New’s service? And how does it work?

    This scheme is open to anyone purchasing a participating builder’s new build property including first time buyers and home movers. Own New works with home builders and lenders behind the scenes, taking a fee from the home builders and using this with the lender to reduce the interest on mortgage payments for the initial term.

    We will help negotiate with the developer who may be willing to offer up to 5% incentive. This will go directly to the lender to offset your interest rate instead of using it for other things such as gifted deposit or to spend on upgrades to the property.

  • Who will my mortgage be with?

    We will arrange your mortgage directly with the lender. The Rate Reducer product is currently available from Halifax, Virgin Money, Furness and Gen H, with a number of other lenders in the coming months.

  • How do I get started?

    Once you’ve found a property you love, get in touch with one of our Own New advisers who will guide you through the mortgage application process.

    Click here to book a no-obligation telephone appointment today.

Why choose The Mortgage Brain?

We have access to over 12,000 mortgage deals with hundreds of lenders

All our advisers are CeMAP qualified to find the most suitable mortgage for you and your circumstances

You can follow your mortgage application every step of the way via our online customer portal

We have thousands of happy customers and have a 5 star rating on Trustpilot and 4.9/5 on Google reviews

Your dedicated adviser will be with you every step of the way, from the initial consultation to the completion of your mortgage

What our customers have to say...

Are you ready to secure your own new mortgage deal?

Connect with one of our expert mortgage advisers to discuss the right residential purchase mortgage for you.  Click below to book a 30 minute, no obligation, appointment.

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