Terms & Conditions
*Own New Rate Reducer terms and conditions.
Own New Rate Reducer is available on selected developments and plots only, and will include a housebuilder contribution of 3% or 5% of the house asking price which is passed directly to the lender (minus an Own New arrangement fee of 0.15% or 0.22% respectively) to secure a reduced mortgage rate for an initial period of 2- or 5-years fixed. After this period your mortgage rate is likely to increase.
Whilst stocks last, subject to availability. Speak to the sales advisor on your chosen development to discuss where Own New Rate Reducer is available.
‘Mortgage rate below 0.46%’ headline interest rate is based on market interest rate available as of 23.10.24 (and is subject to change) and is based on 40% deposit, 5% homebuilder incentive, 2-year fixed mortgage rate and 25-year term. Savings made in the initial 2-year fixed period.
Subject to lender criteria and eligibility. The lender will carry out their normal criteria and affordability assessments before any Own New Rate Reducer subsidy is applied.
A percentage fee of 0.22% of the house price is subtracted from the 5% housebuilder contribution (0.15% if the contribution is 3%) and goes directly to Own New as their arrangement fee.
Applicable on new reservations only. Cannot be applied in conjunction with any other offers or selling schemes. We reserve the right to withdraw this offer at any time.
Ashberry is not regulated by the FCA and offers no mortgage advice. Customers must take advice from a regulated mortgage adviser before proceeding.
Own New Rate Reducer is one of many incentive schemes and purchasing options available to Ashberry customers.
Ashberry may receive a commission when a customer completes on a mortgage arranged by our panel of independent mortgage advisors.
Your property may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.
