A flexible, mortgage scheme to help you achieve your dreams of home ownership.
With our Own New Rate Reducer, you could achieve lower monthly mortgage repayments for a fixed term, on one of our energy-efficient, stylish, brand-new homes. It’s a hassle-free way of making your dream new home a reduced rate reality!
Take a look at our guide to the process below.
To find out more, talk to a Sales Executive at your chosen development. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Before making any decisions, it’s important that you obtain independent mortgage advice.
The scheme is only available on selected plots – please ask for details.
Devonshire Homes will make a cash payment after completion of 3% or 5% of the purchase price of the property to Own New, which will be passed on to the relevant participating lender so that they can offer a mortgage product at a rate that is subsidised from their usual product range.
Mortgage offers will be made at the lender’s discretion and in line with their criteria and therefore this offer does not constitute a guarantee of a mortgage offer.
Devonshire Homes is not regulated by the FCA and offers no mortgage advice so customers must take advice from a regulated mortgage adviser before proceeding.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
For more details about Own New Rate Reducer click here.