Own New – Rate Reducer Scheme

Unlock lower mortgage rates with the brand-new Own New scheme.

Looking to purchase a Harron home but worried about your mortgage?
Make your move more affordable with a lower rate mortgage through the Own New – Rate Reducer scheme.

Own New and pay less with reduced rate mortgage rates.

Harron Homes has partnered with Own New to bring you a simpler way to get an affordable mortgage on a new build property. You get a normal mortgage and own 100% of your home, with a reduced mortgage interest rate for the initial term.

• Lower payments

• Interest rates under 4%

• 100% ownership

• Employed or self-employed

Exclusive to new-build homes, this scheme is open to anyone purchasing a new Harron home 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.

Own 100% of your home with Own New Rate Reducer.

How it works

Find a Harron Home
you wish to purchase

Arrange your mortgage
with one of our approved
Own New mortgage brokers

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

Own 100% of
your new home

It is 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.

Talk to your Sales Advisor to find out more about the Own New – Rate Reducer scheme and find out if you could be eligible.

Click here to find your new home

Frequently Asked Questions

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

This scheme is open to anyone purchasing a 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 Harron Homes and using this with the lender to reduce the interest on mortgage payments for the initial term.

What properties are Rate Reducer and Deposit Drop available on?

Please speak to your Harron Homes Sales Advisor for information on which properties offer the Own New scheme.

Is it possible to combine Rate Reducer and Deposit Drop?

It is not currently possible to combine two mortgage products.

Who will my mortgage be with?

Your mortgage is directly with the lender. Own New is the platform that sits between your broker and the lender to ensure you get a great deal.

How do I get started? How do I access this service?

Once you have found one of our properties you love, your Sales Advisor can recommend an Own New approved broker who will guide you through the mortgage application process.

Who can benefit from this scheme?

First-time buyers who
want to purchase their
first home.

Existing homeowners
and downsizers looking
to make their next move.

Those working
on improving their
credit rating.

People who are
self-employed.

Terms and conditions apply, see website for details. Schemes cannot be used in conjunction with each other, or any other advertised offers.
Harron Homes reserves the right to withdraw or alter these offers at any time prior to payment of a reservation fee.
*Subject to lenders’ restrictions.