Making Homeownership More Achievable
Our exclusive homebuyer incentive could help make your move a reality.
With a 10% deposit and our tailored incentive, you could own a contemporary 1-bedroom apartment at Dagenham Green from just £734* per month for the first two years.
Speak to our team for more information or see the breakdown below.
A Smarter Way to Buy: Enjoy Lower Monthly Mortgage Payments for Your First Two Years of Homeownership
Make your move into homeownership more affordable with our new mortgage support incentive. Available on selected homes across five developments, this exclusive offer provides a contribution equivalent to 5% of the purchase price to help reduce your monthly mortgage repayments for the first two years. Enjoy greater financial flexibility while you settle into your new home, with more freedom to furnish, save and enjoy life from day one.
How it Works
We'll offer you 5% of the purchase price of your new home, which can be used against your mortgage repayments, bringing your monthly repayments down to make those first two years of homeownership more affordable.
Illustrative example
Assuming a 2-year fixed rate at 4.82%, the monthly repayment on a capital and interest basis over a typical term would be £1,384.06 per month. If Hill Residential were to provide an incentive equivalent to 5% of the purchase price (£15,600) and you were to apply this over the first 24 months, it would equate to £650.00 per month over 24 months.
This would reduce the effective monthly cost during the initial fixed period to £734.06 per month for the first 24 months. After the incentive period ends, payments would revert to the standard variable rate monthly repayment of £1,384.06, subject to your mortgage product and lender terms.
If you would like a personalised illustration based on your own circumstances, we recommend speaking with a TOCR24 mortgage adviser who can explain the full costs involved and ensure the mortgage is suitable for you. Total amount payable over the full term is £699,521.36, with £281,799 total credit. The representative APRC is 6.4%. Information correct as of 08 June 2026.
A Smarter Way to Step Onto the Property Ladder
Buying your first home is a major milestone, but affordability remains one of the biggest challenges for many buyers across London.
That's why we've introduced a tailored incentive designed to reduce your monthly payments during the crucial first two years of homeownership. With lower initial monthly costs, you'll have more flexibility as you settle into your new home, furnish your space and enjoy everything life in your new home has to offer.
*T&Cs
A BROKER FEE MAY BE PAYABLE. ANY FEE WILL BE DEPENDENT ON YOUR CIRCUMSTANCES AND WILL BE EXPLAINED BEFORE YOU PROCEED.
TORC24 is a trading name of The New Homes Group Limited which is registered in England and Wales under company number 2509770, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. VAT Registration Number is 500 2481 05. For activities relating to regulated mortgages and non-investment insurance contracts, The New Homes Group Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority. Connells Limited’s Financial Services Register number is 302221. MS/TORC/8688/04.26
This is an illustrative example only and is not a mortgage offer. Rates and lender criteria may change. The incentive example assumes funds are applied over 24 months and does not reduce the mortgage balance.
