More affordable route to home ownership at riverside community in Chatham

Date posted 19/04/2024

For many people, the path to home ownership just got a lot more straightforward. Medway Development Company is thrilled to announce a ground-breaking partnership with Own New, introducing an innovative financial product that will revolutionise the way individuals can purchase property.

Own New is set to transform the homeownership landscape, providing accessible pathways to owning homes at the developer’s Waterfront development, Chatham's newest riverside community, less than 40 minutes away from central London.

Amidst the pressing concerns of affordability and financial limitations, Own New is a trailblazing financial product that makes owning a home distinctly more attainable. Unlike other products, buyers get a normal mortgage, own 100% of the home but can take advantage of reduced rates.

The scheme will shortly be available at Waterfront, helping buyers tackle the cost of living crises with the option of lower monthly mortgage payments for a two year period, making home ownership more within reach for many.

The Waterfront Development by Medway Development Company already appeals to people looking for affordability combined with striking design and the best of contemporary living. Quality, spacious and now more affordable than ever, these one and two bedroom homes promises an unparalleled lifestyle experience.

Showcasing the best of urban planning and architectural finesse, the new apartment buildings boasting sleek, modern lines, are nestled along the banks of the river and come with waterside views and sit alongside a new public square and the spacious remodelling of the riverside park.

The benefits of Own New are far reaching and encompass a wide range of potential buyers. Whether its first-time buyers, families or downsizers, Own New caters to diverse needs and preferences, ensuring that everyone finds a tailored solution to suit their individual circumstances. With the mortgage assessed on current earnings, the scheme is hugely beneficial for those that are self-employed, those that were previously furloughed or people still building their credit.

“The collaboration with Own New is an exciting addition to our offerings at Waterfront, enabling us to allow more people to enjoy the prospect of owning a home in this vibrant community," says Debbie Small, Head of Sales and Marketing at Medway Development Company "By teaming up with Own New, we are broadening accessibility and enhancing affordability, ultimately fostering a more inclusive and diverse neighbourhood. Through our collaboration with Own New, our objective is to open avenues to homeownership for those who may not have thought living in such a high calibre development is possible.”

With the eagerly awaited debut of Own New on the horizon, Medway Development Company invites prospective buyers to stay tuned for updates and announcements. Purchasing a brand-new home at Waterfront offers the advantage of eliminating costly refurbishments while ensuring significantly enhanced energy efficiency, creating homes that offer the best of affordability and style.

For further details on securing a new home at Waterfront and the anticipated release date of Own New, please reach out to Email:
or call 0163 4331440.