What's great about the scheme?
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How does Own New Rate Reducer work?
Own New Rate Reducer works behind the scenes with house builders and lenders, to reduce the overall cost involved with mortgage loans on new-build properties.
The reduction is funded by house builders' contributions towards the cost of the mortgage and enables the lender to offer borrowers more competitive interest rates during the initial period of their mortgage on a range of Hill homes in fantastic locations across the country.