Ways to buy
ways to buy

Savings of up to £503 per month on mortgage payments available with Own New Rate Reducer*

Own New Rate Reducer is a scheme available to first-time buyers and existing homeowners, making it possible to buy a brand new home with access to competitive mortgage rates.†

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available with Own New Rate Reducer**

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Own New is an innovative partnership between Taylor Wimpey and leading mortgage lenders. This paves the way for more accessible mortgages to more buyers. Even if you don't fit the traditional lending criteria (for example you are self-employed, have previously been furloughed or don't yet have a credit rating), you could still qualify for a standard mortgage with a competitive interest rate.

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*Example based on market interest rates, with an average house price of £370,000 and an average mortgage term of 35 years. Assumes a 5% homebuilder incentive and a 2 year fix, with 75% LTV mortgage. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as of 03/07/2024.

** Example assumes a 5% homebuilder incentive and is based on mortgage rates available in the market, with a 2 year initial period and an LTV of 75%. Savings made in the initial fixed period. Independent financial advice must be sought from a regulated mortgage broker to access this scheme. Your home may be repossessed if you do not keep up your mortgage repayments. Rates valid as of 03/07/2024.