Own New Rate Reducer

family moving house boxes

Introducing the Own New Rate Reducer, giving homebuyers access to mortgage rates below 2%* helping you make your move to a Hill home.

Access lower rate mortgages with Own New Rate Reducer

We have recently introduced the Own New Rate Reducer, a unique scheme that enables you to access low-rate mortgages when you buy your new Hill home at Hollymead Square.

  • Arrange an appointment and meet our sales team to learn how you can own a new home with a lower rate mortgage and reduced monthly repayments using Own New Rate Reducer*.
  • Open to first-time buyers and existing homeowners who want to move, its a simpler, better and hassle-free way to get access to a mortgage with a lower interest rate.
  • With reduced monthly repayments during the initial mortgage period, it could help you buy a home sooner than you thought. ]

*Example 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 payments. Rates valid as of 14-01-2025.

Find your home today!
Own New 2%

How to buy with the scheme

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    Find your ideal new home
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    Talk to your Hill sales consultant about a mortgage with Own New
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    They will put you in touch with an approved new build mortgage broker to guide you through the process
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    Complete the mortgage application and buying process as normal
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    Own 100% of your new build home

What's great about the scheme?

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    Access to better rates

    Get access to mortgages with lower interest rates and reduced monthly payments during the initial mortgage period

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    No price caps

    Unlike other new-build buying schemes, there are no price caps on the property you can purchase.

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    Not just for first time buyers

    Open to both first-time buyers and home movers so no matter where you are in your homeownership journey, there may be an option for you.

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    Own 100%

    You will own 100% of the home when you buy using Own New.

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    Available on a range of properties

    Hill offer a range of homes that suit the needs of buyers across all stages of their homeownership journey, so you're sure to find something suitable.

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