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Discover "Own New" - With Mortgage Rates below 2.05%*

With our partnership with Own New, prospective homeowners can access mortgage rates as low as 2.05% making a brand-new home easier and more affordable than ever before.

Rate Reducer

Untitled-2Whether you're a first time buyer or an existing homeowner, our scheme could mean lower mortgage rates and reduced monthly payments.


  • Secure a mortgage rate as low as 2.05%*
  • Save up to £343 per month on your mortgage payments^
  • Reduce your mortgage interest rate by up to 3.19%*
  • Own 100% of your property!

We aim to alleviate the financial strain by lowering monthly repayments during this period. This makes homeownership more feasible and provides relief in the face of current economic challenges.

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How it Works


  1. Find your dream Duchy home by searching our available sites
  2. Arrange your mortgage with one of our approved Own New mortgage brokers
  3. Your broker will help you determine if Own New's Rate Reducer is right for you
  4. Own 100% of your new home.

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Why "Own New" is the perfect choice

Affordability:  Own New Rate Reducer is a scheme available to first-time buyers and existing homeowners, making it possible to buy a brand new home with access to competitive mortgage rates.

Lower monthly repayments: Choose Rate Reducer and benefit from reduced interest rates, resulting in more manageable monthly payments.

Financial stability: Ease the impact of rising living costs with lower monthly payments thanks to Rate Reducer.

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*Assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 75%.  Savings made 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. Rates valid as of 05/06/2024