Get reduced mortgage rates on your dream home with Own New

As an approved new-home builder, Troy Homes works with Own New to help first-time buyers and home movers purchase a new-build home with reduced rates and smaller deposits.

By working behind the scenes with home builders and lenders, Own New enables reduced-rate mortgages on new builds — allowing you to get a normal mortgage AND own 100% of your home*.

  • Low interest rates**
  • Deposits from just 5%
  • Own 100% of your home
  • Employed or self-employed
  • First-time buyers or movers
  • Available for houses or flats

How does Own New work?

  1. Find an eligible home you love at Troy Homes — view our current developments on the website.
  2. Arrange your mortgage with an approved Own New mortgage broker, such as William H Brown. The broker will be able to help you determine if Own New’s ‘Rate Reducer’ scheme is right for you.
  3. Own 100% of your new home!

 

What is the Rate Reducer scheme?

Own New’s Rate Reducer scheme aims to tackle the cost-of-living crisis with a reduced rate mortgage, so you can find your dream home and make it a reality. It works like a regular mortgage — just with lower monthly payments for the initial period.

*Subject to status and lending criteria.

** The reduced interest rate is applicable for the initial term of the mortgage. Independent financial advice must be sought from a regulated mortgage broker to access this scheme.