A high quality home at a lower mortgage rate

We’ve partnered with Own New so you could reduce your mortgage rate by up to 4% on one of our brand new homes.

Why use our Own New Rate Reducer?

Lowering the interest rate by up to 4% on your mortgage will lower your monthly payments for the initial period. The scheme is open to first time buyers and existing homeowners, and you’ll own 100% of your new home. You just need a minimum 5% deposit.

Edit this module

Here's how it works

Find an eligible, brand new Balfour Beatty home.
Ensure you have at least a 5% deposit saved.
Check you qualify with an approved Own New broker.
If you do, you can reserve your Balfour Beatty home.
Enjoy lower monthly mortgage payments for the initial period.
You still own 100% of your new home.

Edit this module

What you need to know

Balfour Beatty Homes will make a cash payment after completion of 3% of the purchase price of the property to Own New, which will be passed on to the relevant participating lender so that they can offer a mortgage product at a rate that is subsidised from their usual product range.
Mortgage offers will be made at the lenders discretion and in-line with their criteria and therefore this offer does not constitute a guarantee of a mortgage offer.
Balfour Beatty Homes is not regulated by the FCA and offers no mortgage advice, so customers must take advice from a regulated mortgage adviser before proceeding.
Your home is at risk if you do not keep up repayments on a mortgage or other loans secured on it.
Offer available on selected plots only – sales advisers will advise customers of eligible plots. Terms and conditions apply.

Edit this module

Find your quality new home

One you’re proud to live in – and others aspire to own.

Find your home