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:

Provider Mortgage Type Initial Rate/Duration Subsequent Rate/Duration The overall cost for comparison Early Repayment Charges  
Discount rate 2.59% until 30/09/2012 4.59% for term 4.40% APR No early repayment charge
Discount rate 2.99% until 31/10/2012 5.95% for term 5.50% APR 3% until 31/10/2012
Discount rate 2.99% for 2 years 5.64% for term 5.40% APR No early repayment charge
Discount rate 2.99% until 31/07/2012 5.95% for term 5.60% APR 2% until 31/07/2012
Discount rate 3.19% until 31/07/2012 5.95% for term 5.70% APR 2% until 31/07/2012

* All calculations are based on a £150,000 repayment mortgage at 75% loan to value over 25 years

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