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Explore Chartway Group

How it works

  1. Find one of our properties you love
  2. Arrange your mortgage with one of our approved Own New mortgage brokers
  3. They’ll help you determine if Own New’s Rate Reducer is right for you
  4. Own 100% of your new home

We have partnered with Own New to bring you a simpler, hassle-free way to get an affordable mortgage on a new build property. You get a normal mortgage and own 100% of your home.

Rate Reducer

Reduce your interest rate by up to 4% with Rate Reducer.

Tackle the cost of living crisis with a reduced rate mortgage.

  • Lower Payments
  • Sub 4% interest rates
  • Own 100% of your property

It’s 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.

FAQ’s

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 the home builders and using this with the lender to reduce the interest on mortgage payments for the initial term.

Please speak to your local sales rep for information on which properties offer the Own New scheme.

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.

Own New is available on selected plots, once you’ve found one of our Own New properties you love, your local sales rep can recommend an Own New approved broker who will guide you through the mortgage application process.

“The deal we have got will see us pay £1,050 a month on the mortgage for our own three- bedroom house while the flat we were sharing in Newcastle city centre was costing £1,200 a month to rent.”

Jack Williams and Jacob Clar Young couple who bought their first home in Durham using Own New’s Deposit Drop

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.

Register Interest

Fill out the form below or call 01843 261 612 today!