Own New Rate Reducer Now Available with Wyatt Homes
Charminster Farm, Dorchester
Buying one of our luxury homes just got easier with Own New.
Homebuyers can take advantage of this new moving scheme that works with homebuilders and lenders to offer reduced rates exclusively on new built properties.
Available on selected homes at all our developments across Dorset, Somerset and Hampshire, Own New Rate Reducer could be the ideal way to secure a mortgage for as little as 3.09%.
How does Rate Reducer work?
When you choose a Wyatt home, we contribute 3% of the purchase price. This goes directly to the mortgage lender via Own New, enabling the homebuyer to benefit from significantly reduced interest rates for a fixed period of two to five years.
Buyers own 100% of the property and the low rate makes it easier for first-time buyers and existing homeowners to step into their dream home.
The figures
On a property worth £545,000 on a repayment loan over 35 years and a 75% loan to value this could mean a saving of up to £487* per month on your mortgage repayments making the monthly spend £1611.74.
Tara Kelly, Sales Director said, “This is a really innovative scheme and we are excited to be in a position to offer it. The lower rate could be a real game changer for buyers who’ve been fixed for a few years and are now having to face a very different economic picture but need make a move.
“Our sales teams are on hand ready to explain how it works and to help more people enjoy the undeniable style and luxury of a Wyatt home.”
For details visit the dedicated moving scheme page of our website https://wyatthomes.co.uk/moving-schemes or contact your local development directly https://wyatthomes.co.uk/developments.