Own New Rate Reducer now available at Greenwich Millennium Village

What is Own New Rate Reducer?

Own New Rate Reducer could help enable you to unlock lower mortgage interest rates from a participating lender, over a fixed two- or five-year period, meaning your monthly mortgage payments will be more affordable during that time.

Greenwich Millennium Village makes this possible by giving a financial contribution of typically from 3% to Own New who then pass this to your lender (after deducting their commission).

You’ll still own 100% of your home.

How does it work?

• Select one of our high-quality, energy-efficient Greenwich Millennium Village homes to call your own
• An Own New approved mortgage broker will be able to help determine if Own New’s Rate Reducer is right for you
• Continue your buying journey with Greenwich Millennium Village to achieve 100% home ownership

Find out more on Own New Rate Reducer