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Get more information and updates regarding this development via:
Are you happy for us to contact you about other developments and special offers via:
We’ve teamed up with one of the UK’s leading new homes mortgage specialists, New Homes Mortgage Helpline, to help find the right mortgage product for you.
Please note, by ticking the checkbox below you consent to Bellway sharing your data with New Homes Mortgage Helpline (The New Homes Group Limited) which offers customers unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway may receive a commission when you complete on a mortgage arranged by the New Homes Mortgage Helpline.
Move into your dream new-build home with this flexible mortgage scheme
Low-rate mortgages are back, so homebuyers can find their ideal Bellway home and access some of the most competitive interest rates on the market with the Own New Rate Reducer mortgage scheme.
With mortgage rates from below 1.00%*, Bellway’s partnership with Own New Rate Reducer can provide homebuyers with better monthly mortgage payments for an initial two- or five-year period, making it more affordable for first-time buyers and existing homeowners to move into their dream home.
Own New Rate Reducer is one of a selection of customer incentives available on selected Bellway plots and developments. Speak with our sales advisors at your chosen development to find out more.
Full terms & conditions available here
Bellway gives a financial contribution of up to 5% directly to your lender, enabling homeowners to unlock lower mortgage interest rates over a fixed two- or five-year period through Own New Rate Reducer.
Buyers will own 100% of their home with a minimum of 10% deposit, benefitting from fantastic savings helping combat the cost of living.
Bellway will put you in contact with an accredited independent broker who is specially selected to give advice on the Own New Rate Reducer scheme, finding the best fit for you.
Speak with our friendly sales advisors to find out which developments and plots are eligible for the Own New Rate Reducer scheme and choose the perfect home for you.
Customers should always seek independent mortgage advice before making a final decision.
Cost savings with Own New...
* Example savings are based on an average Bellway house price of £310,000, 2-year fixed over a 35 year period.For the initial period with Own New you'll have access to a mortgage rate of below 3.84% interest rate with a 3% incentive from Bellway.
For the initial period with Own New you'll have access to a mortgage rate of below 1% interest rate with a 5% incentive from Bellway.
You could save every month when you buy with us and Own New*.
Own New Rate Reducer could be the opportunity you have been waiting for to get onto the property ladder with Bellway, available to a wide range of applicants with an affordable deposit, helping you to own 100% of your first home with access to significant savings.
Make the move to your dream Bellway home with access to reduced interest rates for the initial period. Plus, with the financial benefits of a new-build home, you could save money every month for what really matters.
Speak with our sales advisors to discover which developments and plots are eligible for the scheme, enabling you to choose the home that best suits you.
These specially selected brokers will be available to answer any questions you may have.
Follow the carefully considered process with the experts guiding you every step of the way.
Move into your brand-new Bellway home and benefit from incredible savings.
“The whole process was very positive and Bellway have shown us just how reliable a housebuilder can be – they’re fantastic.”
Browse our website for your ideal Bellway home and speak with one of our friendly sales advisors. Once you have found the home for you, we will put you in contact with an Own New Rate Reducer-approved broker to explain the process.
No, the scheme is available to both first-time buyers and existing homeowners.
No, a percentage fee of 0.22% of the house price is subtracted from the 5% housebuilder contribution (0.15% if the incentive is 3%) and goes directly to Own New as their arrangement fee.
Independent mortgage brokers will stress-test applicants’ affordability beyond the fixed term of the scheme, ensuring homebuyers are able to pay for their mortgage once the interest rates return to normal.
Bellway’s contribution will go directly to your mortgage lender through Own New, allowing buyers to unlock lower interest rates for the initial period after moving.
The Own New Rate Reducer scheme is available on new homes, subject to terms and conditions, with a minimum of 10% deposit required. Please contact our sales advisors for any further information.
Own New Rate Reducer just sits between your broker and lender, so your mortgage will be directly with the lender.
There is one small and simple addition to the normal process. A “Letter of Acknowledgement” must be sent from the developer to the buyer and broker, to be passed to the lender, before a mortgage offer can be made. Our sales advisor can arrange this for you.
Own New Rate Reducer is one of many purchasing schemes that we offer. No matter your circumstances, we have a range of available schemes designed to meet your needs.
Take advantage of our part-exchange scheme – the stress-free way to move home.
All you need when it comes to finding your new home
*Terms and conditions apply. Own New Rate Reducer is available on selected developments and plots only, and will include a housebuilder incentive of either 3% or 5%. Whilst stocks last, subject to availability. Speak to the sales advisor on your chosen development to discuss where Own New is available.
Headline interest rate is based on current headline market interest rate.
Detailed illustrations are based on Bellway’s current average house price of £310,000 and include a [5]% homebuilder incentive and a [5]-year fixed period, including illustrations based on a [40]% customer deposit and [10%] customer deposit. Savings made in the initial [5]-year fixed period.
Your property may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it. Interest rate last updated on [insert date] and is subject to change.
As part of the Own New scheme, a housebuilder contribution of either 3% or 5% of the value of the house asking price is passed directly to the lender to secure a reduced mortgage rate for an initial period of 2 or 5-years fixed. After the initial 2 or 5-year fixed period, your mortgage rate will revert back to the standard variable rate at the time.
A percentage fee of 0.22% of the house price is subtracted from the 5% housebuilder contribution (0.15% if the incentive is 3%) and goes directly to Own New as their arrangement fee.
Subject to lender criteria, eligibility, qualification and receiving regulated advice from an independent mortgage broker.
Applicable on new reservations only. This offer cannot be applied in conjunction with any other offers or selling schemes. We reserve the right to withdraw this offer at any time.
Bellway may receive a commission when a customer completes on a mortgage arranged by our recommended panel of independent mortgage advisors.
