Discount Mortgages

Our discount mortgage does precisely what its name says it will do: it gives you the benefit of a reduced interest rate during the first few years of your mortgage, with the amount of discount depending on the size of your deposit.

Talk to us today

To arrange an appointment with one of our Mortgage Advisers call us free on:0800 072 1100or complete the form below:





Thank you for your enquiry.

A Mortgage Adviser will be in contact with you within 3 working days.

Your home may be repossessed if you do not keep up repayments on your mortgage

Our discount mortgages

ProductInitial ratethen changing to our SVR, currentlyThe overall cost for comparison isProduct periodDeposit requiredArrangement fee
Three Year Discount Mortgage1.95% Variable5.39%4.5% APRCthree years40%NoneMore
Three Year Discount Mortgage2.29% Variable5.39%4.6% APRCthree years30%NoneMore
Three Year Discount Mortgage2.39% Variable5.39%4.6% APRCthree years20%NoneMore
Three Year Discount Mortgage3.29% Variable5.39%4.9% APRCthree years10%NoneMore

Representative example:

The following representative example is intended to allow you to easily compare products across lender and does not reflect what your actual monthly payment or APRC could be. Please contact us if you have any questions regarding this.

A mortgage of £90,030 payable over 12 years, initially on a Discount rate for 3 Years at 1.95% and then on our current Standard Variable Rate Mortgage of 5.39% (variable) for the remaining 9 years, would require 36 monthly payments of £146.30 and 108 monthly payments of £404.38.

The total amount payable would be £139,523.82 made up of the loan amount plus interest (£49,523.82), an application fee of £135 and a redemption fee of £130.

The overall cost for comparison is 4.5% APRC representative.