Regional housebuilder Allison Homes East is hosting events at its Lincolnshire developments this weekend, to inform property seekers how they can access mortgage rates as low as 1.87 per cent* by purchasing with the Own New Rate Reducer scheme.
Rate Reducer is a unique mortgage that allows first and second time buyers to purchase a new build home with a lower interest rate mortgage, fixed for two or five years, and reduced monthly payments during the initial mortgage period.
On Saturday 6th and Sunday 7th April, 10am to 5pm, the housebuilder is hosting special Rate Reducer events at its three Lincolnshire developments – The Orchards in Corby Glen, Frampton Gate in Frampton and Tudor Reach in Kirton in Lindsey.
Attendees will be able to meet with the sales team and speak with an independent financial advisor, to learn more the Rate Reducer scheme and how they could enjoy a mortgage rate of 1.87 per cent or lower.
The Orchards, situated on Bourne Road, is a picturesque development of just 66 two, three and four bedroom homes. Due to high popularity, the development is now over 50 per cent sold.
Kelly Toms, Sales and Marketing Director at Allison Homes East, said: “We are very excited to host these events at our fantastic Lincolnshire developments, and to be introducing property seekers to Own New Rate Reducer.
“Rate Reducer is a brand new scheme, making mortgages much more affordable and manageable. Over the weekend, specialist independent financial advisors will be in attendance, to teach attendees about how the scheme works and how they can benefit.
“We are looking forward to connecting people with their perfect new Allison home, thanks to the help of Rate Reducer, and would encourage anyone who is interested to come along.”
To find out more about The Orchards call 07485 395156 or head to https://allison-. All three developments are open Thursday to Monday, 10am to 5pm.
*Full terms and conditions apply, visit https://allison-homes.co.uk/own-new-rate-reducer/. 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 property may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it. Rates valid as of 18/03/2024.
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