Those looking for a new home in Lancashire can find out more about Own New Rate Reducer at special events being hosted by Elan on March 29/ 30 and April 13/14 at Redwood Gardens, Blackpool. The homebuilder has partnered with Own New to offer Rate Reducer, a scheme that gives buyers access to lower interest rates and reduced monthly mortgage repayments during the initial mortgage period.
” An Own New Rate Reducer mortgage allows buyers to purchase a new build home with a lower interest rate mortgage. It’s a regular mortgage, just with lower monthly payments for the initial period. Own New works behind the scenes with housebuilders, including Elan and lenders, to reduce the overall cost involved with mortgage loans on new build properties.