Own New

As we wind down for the festive period, we can't help but reflect on the incredible journey we've had so far in 2024. In just 9 months since launch, we’ve hit some amazing milestones, and we’re so excited to share them with you: 🏡 We’ve made the cheapest mortgage rates on the market available for new build buyers nationwide 🤝 Partnered with 160 home builders, 504 broker firms, and 6 lenders 🎓 Trained over 2,600 new build brokers on our platform 💷 Rate Reducer has helped hundreds of customers purchase homes ranging from £190k to £1.1m. 🌍 We’ve seen properties purchased from Inverness to Cornwall and everywhere in between. 💸 Issued Own New cashback to hundreds of customers, including over £10k to one savvy buyer! 🚀 Rate Reducer’s amazing rates have driven thousands more customers to new build sites and broker panels, converting even more buyers in the process. 💡 Looking Ahead to 2025. The journey doesn’t stop here – we have big things coming your way: 🔗 Exciting new partnerships to drive even more customers your way with cheaper mortgages. 🏘️ Rate Reducer Buy to Let and Shared Ownership coming soon! 💳 New lender products, expanding availability of Rate Reducer with new criteria. 📢 Fresh marketing initiatives to help you reach even more customers! 🏗️ More home builder sites across the UK offering Own New’s Rate Reducer. 🌐 Exciting partnerships with major property marketing platforms and price comparison websites. As we take a short break to recharge over the holiday season, we want to extend a huge thank you to all our partners, brokers, and customers for your amazing support in 2024. We’re looking forward to achieving even greater things together in the year ahead! 🎄🎉 Here’s to a fantastic 2025! 🥂 📢 Consider getting independent financial advice before making any decisions on whether Rate Reducer is right for you. Your home may be repossessed if repayments on the mortgage are not maintained. #Christmas2024 #OwnNew #RateReducer #MortgageInnovation #NewBuildHomes #LookingAhead #Grateful #HappyHolidays

🌟 Rate Reducer Unlocks Adam and Kirsty’s Dream of a Bigger Family Home🌟 When Adam and Kirsty outgrew their three-bedroom home at Persimmon Homes Marine Point, they wanted a bigger space for their growing family—without leaving their beloved community. Thanks to advice from the Mortgage Advice Bureau and their broker Emma Hunter, they discovered Rate Reducer. They secured a rate of 3.88% on a 2-year mortgage, reducing their monthly mortgage payments from £1,011 to £843. “We were impressed by how Rate Reducer kept our costs manageable,” Kirsty said. “It allowed us to move up to a four-bedroom home without overextending our budget.” Now in their new home, Adam and Kirsty are thrilled to stay in the community they love, with room to grow. Read the full story by clicking the link in comments. 📢 Consider getting independent financial advice before making any financial decisions on whether Rate Reducer is right for you. Your home may be repossessed if repayments on the mortgage are not maintained. #RateReducer #FamilyHome #HomeBuyers #AffordableMortgage #OwnNew

🚀 NEW LENDER UPDATE: Own New and Kensington Mortgages Partner to Offer Lower Rates for Specialist Borrowers🏠 We are pleased to announce a new partnership with Kensington Mortgages This collaboration aims to bring flexible and competitive mortgage options to customers who may have found it challenging to secure a high street mortgage due to non-standard income or limited credit history. This partnership specifically caters to those with non-standard income, such as self-employed workers with a 12 month income history, contract workers, and individuals with minor credit blips that are over 36 months old. Key Product Highlights: ✅ Specialist Lending for New-Build Buyers: Tailored for borrowers who don’t meet high street requirements, including contract and self-employed workers with limited or no credit history. ✅ Reduced Rates for Initial Term: Lower monthly payments with a reduced rate for the first 2 or 5 years. ✅ High Loan Amounts and Flexibility to extend: Borrowing up to £1 million at 90% LTV, with a six month offer validity and option to extend for a further six months to accommodate new-build property timelines. 💬 "As a specialist lender, we’re proud to offer Own New Rate Reducer for either an initial 2 or 5 year fixed term” said Vicki Harris, Chief Commercial Officer at Kensington Mortgages. "Our goal is to provide a viable path to homeownership for those wishing to purchase a new build and whose unique financial circumstances may otherwise limit their options. This partnership allows us to bring lower rates to a broader range of buyers, giving them greater security and flexibility during the critical early years." 🤝 Brokers, make sure you check out the Own New Toolkit to find new rates for your customers. #OwnNew #RateReducer #KensingtonMortgages #NewBuildHomes #SpecialistLending #AffordableHomeownership #MortgageInnovation Jane Atkins

🚀 Own New Expansion with Halifax - PORTING! Halifax Intermediaries has extended its Own New offering to include porting customers! 🔑 Now, if a client is porting an existing Halifax mortgage and purchasing a new build, they can take advantage of Own New Rate Reducer on any top-up borrowing. 🙌 Here’s what this means for your clients: ✅ Keep their existing Halifax rate ✅ Enjoy a low Rate Reducer rate on additional borrowing ✅ Receive cash-back on top! With more Rate Reducer options now available, you can help even more buyers secure their dream new build homes! 🏡 If you are a broker ready to help your clients take the next step, check out Halifax’s porting rates on our toolkit. #MortgageBrokers #NewBuilds #RateReducer #HalifaxMortgages #OwnNew #MortgagePorting Halifax Intermediaries

🌟 Yorkshire homeowner sings praises of Own New Rate Reducer Scheme for new build homes 🌟 Meet Mark Bottomley, a Yorkshire-based Senior Trading Controller, who turned his dream of owning a beautiful home into a reality. Initially searching for a period property, Mark discovered that a new-build home offered unmatched benefits—energy efficiency, low maintenance, and modern convenience. His journey led him to Miller Homes Ltd 's Holmebank Gardens, nestled in the stunning Pennine village of Honley. 💡 How Rate Reducer Made It Possible: Mark utilised this innovative scheme to reduce his monthly mortgage payments on his Virgin Money Mortgage for the critical first two years of homeownership—freeing up money for setting up his dream home. 👉 For example: based on an average house price of £350,000 and an average mortgage term of 35 years, savings of up to £472 per month on mortgage payments are available with Own New Rate Reducer. This assumes a 5% incentive from the homebuilder with a 2-year fixed rate and 75% loan-to-value. (rates valid 14/11/24) Hear directly from Mark about how Own New’s Rate Reducer made his journey not only smoother but financially smarter with the help of New Homes Mortgage Services 🏡💰 🔗 Click the link in comments to read Mark’s full story and see how you can help your clients take advantage of this scheme today! #MortgageBrokers #NewBuildHomes #RateReducer #OwnNew #MortgageSolutions #ClientSuccess #ownnew #ownnewuk #mortgages #newbuildhome #newbuild #ratereducer Virgin Money Intermediaries 📢 Consider getting independent financial advice before making any financial decisions on whether Rate Reducer is right for you. Your home may be repossessed if repayments on the mortgage are not maintained.

🔑 Empowering Clients Through Life’s Transitions 🔑 For many clients, life changes like divorce can bring new financial challenges, especially when transitioning to a single income. At Own New, we’re proud to offer solutions that provide the flexibility and peace of mind people need during these times. As highlighted by this Virgin Money Intermediaries mortgage broker, our Rate Reducer mortgage is designed with clients’ unique needs in mind. By offering lower initial payments and the option to make overpayments, we help clients achieve a fresh start with the security and control to manage their finances comfortably. If you’re working with clients who need a little extra reassurance as they start new chapters, let’s connect and explore how Own New’s innovative products can support them. #MortgageBrokers #RateReducer #OwnNew #VirginMoney #FinancialFlexibility #LifeTransitions #FreshStart #ClientSupport Virgin Money

🌟 Helping families buy a new build home with Rate Reducer 🌟 The Jacobs family is a great example of what’s possible with the right mortgage solution. They initially thought a new-build home was out of reach, considering only resale homes. But with Rate Reducer’s lower monthly payments, they secured their ideal home in record time. After 18 months of renting, Arran and Kim Jacobs, along with their three children, are now happily settled in a spacious four-bedroom home at Miller Homes Ltd ’s Oakley Grange development. What made it happen? The Rate Reducer mortgage from Own New and Halifax facilitated by Ross Paterson at Sphere Financial Services Ltd . For brokers and builders, Rate Reducer is more than a mortgage; it’s a way to help clients make their dream of new-build ownership a reality. Lower initial costs open doors to properties buyers may otherwise overlook, creating an excellent solution in today’s market. The Jacobs' journey is just another way that Rate Reducer can help transform clients’ aspirations into keys in hand. Read the full story via the link in comments. 📢 Consider getting independent financial advice before making any financial decisions on whether Rate Reducer is right for your clients. A home may be repossessed if repayments on the mortgage, loan, or other secured loans are not maintained. #BrokerCommunity #NewBuild #RateReducer #HalifaxIntermediaries #MortgageSolutions #OwnNew #Homeownership Halifax Intermediaries

🌟 Exciting News 🌟 We’re thrilled to announce that Own New has been shortlisted for the 2024 UK PropTech Association (UKPA) Awards in the Unlocking Property Market Growth category! This recognition highlights our dedication to supporting and growing the UK new build property market alongside our valued partners. Through innovations like our Rate Reducer mortgage product, we’re committed to making homeownership more accessible and creating opportunities for buyers across the country. A huge thank you to the UK PropTech Association for this nomination and to all our partners who help bring our mission to life every day. Congratulations to all the other nominees! Check out the full list here: https://zurl.co/FYbN #UKPropTechAwards #OwnNew #UnlockingPropertyMarketGrowth #PropTech #Innovation #Homeownership #Partnerships #NewBuilds Barratt Developments Persimmon Homes Miller Homes Ltd Bellway Homes Kirkwood Homes David Wilson Homes Vistry Group Davidson Homes Hopkins Homes Limited Gleeson Homes CG Fry & Son Ltd Vistry Group Springfield Properties Taylor Wimpey plc THE BERKELEY GROUP HOLDINGS PLC Tilia Homes

🌟 Rate Reducer Success Stories 🌟 Meet the Jacobs family—Arran, Kim, and their three children—who recently moved into a stunning new build home at Miller Homes Ltd's Oakley Grange development, thanks to our Rate Reducer mortgage. After 18 months of renting, the Jacobs secured a four-bedroom home they never imagined possible. With lower initial payments and with the support of Ross Paterson at Sphere Financial Services Ltd their dream home became a reality in just a few weeks! The family had previously only looked at resale four-bedroom homes in the Oakley village, assuming that would be at the very top end of their budget, but the Rate Reducer mortgage product offered to them by Halifax fit their criteria perfectly. Read the full story via the link in comments. Consider getting independent financial advice before making any financial decisions on whether Rate Reducer is right for you. Your home may be repossessed if you do not keep up repayments on your mortgage. #halifaxintermediaries Halifax Intermediaries #Mortgage, #MortgageBroker, #RealEstate, #HomeLoans #ownnew #ownnewuk #newbuildhome #newbuild #ratereducer

🏡 We’re proud to partner with industry leaders like Persimmon Homes and Edward McCoy to bring more affordable homeownership solutions to the market. Our Rate Reducer mortgage is making a real difference, helping buyers secure their dream homes while staying financially resilient, even in a high-rate market. Want to learn how Rate Reducer can benefit your customers? Reach out today! #RateReducer #OwnNew #HomeOwnership #PersimmonHomes #AffordableHousing #FirstTimeBuyers #MortgageSolutions #PartnershipSuccess