Discover Own New Rate Reducer

Whether you’re a first-time buyer or a home mover, Own New Rate Reducer provides access to lower mortgage rates for an initial period, helping you to make the move to your Genesis Homes’ property.

What is Own New Rate Reducer?

Own New Rate Reducer is a scheme available when you buy a new build home. You could unlock lower mortgage rates, reducing your monthly payments, so you can make owning your dream home a reality.

How does Own New Rate Reducer work?

We’ll contribute either 3% or 5% of the purchase price which will go directly to your mortgage lender. This allows you to access lower mortgage rates over a fixed two or five-year period through Own New Rate Reducer. With just a 10% deposit, you will own 100% of your home.

Who is eligible for Own New Rate Reducer?

The scheme is accessible for anyone, from first-time buyers to existing homeowners, and even customers outside of the traditional lending criteria such as those who are self-employed.

How do I get started?

Speak to our Sales Executives to find out which homes are available with the scheme. We’ll then put you in touch with an Own New mortgage advisor who can take you through the process and ensure the scheme is right for you. Head to your development of interest for contact details.

*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.