Best discount mortgage/remortgage rate options
A discount mortgage gives you a lower rate for an agreed period. A discount mortgage usually give you a discount from the lenders SVR. Our Best Buy discount mortgages also include some discount remortgage options:
|Mortgage Provider||Mortgage Type||Initial Rate/Duration||Subsequent Rate/Duration||The overall cost for comparison||Early Repayment Charges|
|Discount Rate Mortgage||1.78% - SVR minus 3.71% for 2 years (60%)||5.49% Variable for term||4.20% APR||1% for 2 years|
|Discount Rate Mortgage||2.29% - SVR minus 3.66% until 31/10/2015 (80%)||5.95% Variable for term||5.40% APR||3/2% until 31/10/2015|
|Discount Rate Mortgage||2.99% - SVR minus 2.96% until 31/10/2015 (85%)||5.95% Variable for term||5.50% APR||3/2% until 31/10/2015|
|Discount Rate Mortgage||3.19% - SVR minus 2.45% for term (80%)||n/a||3.30% APR||No early repayment charge|
|Discount Rate Mortgage||3.59% - SVR minus 2.05% for 2 years (90%)||5.64% Variable for term||5.40% APR||No early repayment charge|
* All mortgage calculations and APRs are based on a £150,000 repayment mortgage at 75% loan to value over 25 years. Should you require different mortgage calculations then please call one of our independent mortgage advisers.
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