Discover Own New Rate Reducer

Unlock access to low mortgage rates with Avant.

Through Own New, prospective homeowners can make owning a brand new home easier and more affordable than ever before! 

Own New offer Own New Rate Reducer which is a simple, hassle-free scheme that gives you access to rock bottom mortgage rates and low monthly repayments. What more could you want?

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Own New Rate Reducer for a lower mortgage rate

Secure a fixed term mortgage with lower interest rates facilitated by Avant Homes and the Own New scheme.

The amazing benefits of Own New Rate Reducer are:

  • Mortgage rates below 2.56%* available with Own New Rate Reducer
  • Options to reduce mortgage interest rates by up to 2.78%*
  • Save up to £413^ per month on your mortgage payments
  • Own 100% of your property!

Through our partnership with Own New, we aim to take away some of the financial strain by lowering monthly repayments, giving you a much lower mortgage interest rate.

This makes homeownership more attainable and provides much needed relief in the face of current economic challenges.

How the Own New scheme works with Avant

All it takes is four easy steps:

  1. Find an Avant home that you love by searching developments near you
  2. Arrange your mortgage with one of our approved Own New mortgage brokers
  3. Your broker will help you determine if Own New Rate Reducer is best for you

Own 100% of your new home and continue with your Avant Homes buying process

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Three reasons why the Own New scheme is your ideal choice

Affordability: Avant Homes is committed to making homeownership accessible by easing financial barriers, offering quality homes for everyone.

Lower monthly repayments: Choose Own New Rate Reducer and benefit from reduced interest rates, resulting in more manageable monthly payments.

Financial stability: Ease the impact of rising living costs with lower monthly payments thanks to Rate Reducer.

Own New scheme FAQ'S

Who’s eligible and how does it work?

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 facilitate access to either scheme.

What properties are Rate Reducer available on?

Please speak to your Sales Advisor for information on which properties offer the Own New scheme.

How do I get started? How do I access this service?

Once you’ve found one of our properties you love, your Sales Advisor can recommend an Own New approved mortgage broker who will provide independent advice and guide you through the mortgage application process.

Take the first step towards your dream home with Avant Homes' Own New scheme today!

*Example assumes a 5% builder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 90%. 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 repayments. Market rates researched as of 27/05/2026

^Example based on market interest rates, with an average house price of £300,000 and an average mortgage term of 25 years. Assumes a 5% builder incentive and a 2 year fix, with 90% LTV mortgage. 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. Market rates researched as of 27/05/2026

Your property may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it. Full terms and conditions can be found here.

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