Discounted Rate Mortgage
We offer a selection of discounted rate mortgage products. The majority of discounted rate mortgages are linked to Bank of England Base Rate, but can also be linked to LIBOR (London Interbank Offered Rate) and the lender’s SVR (Standard Variable Rate).
Do remember a discounted rate mortgage can move both up down as well as up in line with movements to the rate they are connected to. Please call us to discuss whether this type of mortgage is right for you.
| Product | Early Repayment Charge | Loan to value | Fees | Quote/Enquiry |
|---|---|---|---|---|
| 3.69% Discounted Tracker until 30/04/2011. All Weather Tracker, which means that the clients can switch to a fixed rate during the tracker period without incurring an early repayment charge. | 3% of the amount being repaid until 20/04/2010 then 2% until 30/04/2011 | 75% to £1,000,000 | 2.50% | Enquiry |
