Discount Rate Mortgages

Discount Rate Mortgages

 
Discount Rate Mortgages - Discount rate mortgages are mortgages that have a discounted rate of interest than normal for a certain period of time period at the start of the mortgage loan. The amount, or percentage, by which the mortgage rate is discounted for the initial period, and the length of the discount period, both vary between discount rate mortgages.
 
Discount rate mortgages may be most suited to individuals who are in need of extra finance during the first few years of a purchase, such as first time buyers or those in the early years of a professional career. Generally, the rate of interest on the mortgage reverts to a standard fixed or variable rate following the discount rate period for the rest of the loan’s life, in the case of discount rate mortgages.
 
At Capital Fortune, we pride ourselves on finding the right mortgage for your current circumstances and plans for the future. Using our holistic approach to mortgage brokerage, we can identify which discount rate mortgages can suit you best. Whether you are looking at discount rate mortgages to fit your career, or simply want to soften the costs of decorating and furnish your new home, discount rate mortgages can be found through Capital Finance
 
Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back. 

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Residential - Discount Variable Rates


LenderInitial
Rate
Mortgage
Type
For/Until Subsequent
Rate
The overall
cost for
comparison is
Early Repayment
Charge
Arrangement
Fee
Loan
to
Value
Details
Skipton BS 2 Year Discount £495 Fee SBS1.24%Discount2 years 4.74%4%APRC2 years £49560%
Product Code: JFB
Product Name: 2 Year Discount £495 Fee
Lender Code: SBS
Lender Name: Skipton BS
Initial Pay Rate: 1.24
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1432
Initial Monthly Payment: 467.35
Monthly Payment After Initial Period: 668.18
Fees Total: 561.00
True Cost: 0.00
True Cost Over Initial Period: 11276.40
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 495.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 6
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 60.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 105.00
Lender Product Reference: MD078
Detail
Vernon BS 2 Year Discount £999 Fee VBS1.25%Discount2 years 4.7%4.1%APRC2 years £99960%
Product Code: 001G6Y
Product Name: 2 Year Discount £999 Fee
Lender Code: VBS
Lender Name: Vernon BS
Initial Pay Rate: 1.25
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.7
Apr Lenders: 4.1
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1430
Initial Monthly Payment: 465.96
Monthly Payment After Initial Period: 662.95
Fees Total: 1374.00
True Cost: 0.00
True Cost Over Initial Period: 12557.04
Cashback: 0.00
Valuation Fee: 230.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 15
Max LTV Available: 60
Product Type: Residential
Mortgage Discharge Fee: 100.00
Deeds Release Fee: 30.00
Product Match Status: Available
MaxLoan Available: 1500000.00
Legal Fee: 250.00
Lender Product Reference: DS88
Detail
Principality BS 2 Year Discount £895 Fee BPR1.25%DiscountJun-20194.74%4.2%APRC30-Jun-2019 £89565%
Product Code: KFA
Product Name: 2 Year Discount £895 Fee
Lender Code: BPR
Lender Name: Principality BS
Initial Pay Rate: 1.25
Mortgage Class: Discount
Initial Rate Period: Jun-2019
Initial Rate Period Months: 25
Standard Variable Rate: 4.74
Apr Lenders: 4.2
Early Repayment Charge Applies Until: 30-Jun-2019
Early Repayment Charge Period Sort Field: 1433
Initial Monthly Payment: 469.53
Monthly Payment After Initial Period: 669.81
Fees Total: 1075.00
True Cost: 0.00
True Cost Over Initial Period: 11893.25
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 895.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 155.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 150.00
Lender Product Reference: 10932
Detail
Beverley BS 2 Year Discount £1895 Fee BBV1.28%Discount2 years 4.75%4.2%APRC2 years £189565%
Product Code: S83
Product Name: 2 Year Discount £1895 Fee
Lender Code: BBV
Lender Name: Beverley BS
Initial Pay Rate: 1.28
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.75
Apr Lenders: 4.2
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1432
Initial Monthly Payment: 475.00
Monthly Payment After Initial Period: 676.79
Fees Total: 2365.00
True Cost: 0.00
True Cost Over Initial Period: 11870.00
Cashback: 0.00
Valuation Fee: 245.00
Arrangement Fee: 1895.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 175.00
Deeds Release Fee: 25.00
Product Match Status: Available
MaxLoan Available: 750000.00
Legal Fee: 117.50
Detail
Leek United BS 2 Year Discount No Fee LEE1.35%Discount2 years 5.19%4.6%APRC £19975%
Product Code: 001MJZ
Product Name: 2 Year Discount No Fee
Lender Code: LEE
Lender Name: Leek United BS
Initial Pay Rate: 1.35
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 5.19
Apr Lenders: 4.6
Early Repayment Charge Period Sort Field: 0
Initial Monthly Payment: 471.59
Monthly Payment After Initial Period: 694.84
Fees Total: 489.00
True Cost: 0.00
True Cost Over Initial Period: 11602.16
Cashback: 185.00
Valuation Fee: 185.00
Arrangement Fee: 0.00
Booking Fee: 199.00
Higher Lending Charge: 0.00
CHAPS Fee: 20
Max LTV Available: 75
Product Type: Residential
Mortgage Discharge Fee: 85.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 600000.00
Legal Fee: 117.50
Lender Product Reference: 1023
Detail
Monmouthshire BS 2 Year Discount £995 Fee Purchase BMO1.35%Discount2 years 4.74%4.3%APRC2 years £114580%
Product Code: K22
Product Name: 2 Year Discount £995 Fee Purchase
Lender Code: BMO
Lender Name: Monmouthshire BS
Initial Pay Rate: 1.35
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4.3
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1432
Initial Monthly Payment: 475.42
Monthly Payment After Initial Period: 671.58
Fees Total: 1535.00
True Cost: 0.00
True Cost Over Initial Period: 11950.08
Cashback: 0.00
Valuation Fee: 240.00
Arrangement Fee: 995.00
Booking Fee: 150.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 80
Product Type: Residential
Mortgage Discharge Fee: 75.00
Deeds Release Fee: 50.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: D217
Detail
Tipton & Coseley BS Intermediary Premier Semi Exclusive 2 Year Discount £999 Fee Purchase TIP1.38%DiscountMay-20194.74%4.3%APRC31-May-2019 £99980%
Product Code: Y02
Product Name: Intermediary Premier Semi Exclusive 2 Year Discount £999 Fee Purchase
Product Availability: Exclusive Intermediaries Only
Lender Code: TIP
Lender Name: Tipton & Coseley BS
Initial Pay Rate: 1.38
Mortgage Class: Discount
Initial Rate Period: May-2019
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4.3
Early Repayment Charge Applies Until: 31-May-2019
Early Repayment Charge Period Sort Field: 1432
Initial Monthly Payment: 477.13
Monthly Payment After Initial Period: 671.78
Fees Total: 1374.00
True Cost: 0.00
True Cost Over Initial Period: 11826.12
Cashback: 0.00
Valuation Fee: 250.00
Arrangement Fee: 999.00
Booking Fee: 0.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 80
Product Type: Residential
Mortgage Discharge Fee: 65.00
Deeds Release Fee: 35.00
Product Match Status: Available
MaxLoan Available: 250000.00
Legal Fee: 150.00
Lender Product Reference: DE078
Detail
Marsden BS Intermediary 2 Year Discount 0.5% Fee BMS1.39%DiscountJun-20195.7%5.1%APRC30-Jun-2019 £89980%
Product Code: 001HMR
Product Name: Intermediary 2 Year Discount 0.5% Fee
Lender Code: BMS
Lender Name: Marsden BS
Initial Pay Rate: 1.39
Mortgage Class: Discount
Initial Rate Period: Jun-2019
Initial Rate Period Months: 25
Standard Variable Rate: 5.7
Apr Lenders: 5.1
Early Repayment Charge Applies Until: 30-Jun-2019
Early Repayment Charge Period Sort Field: 1433
Initial Monthly Payment: 476.12
Monthly Payment After Initial Period: 730.91
Fees Total: 1074.00
True Cost: 0.00
True Cost Over Initial Period: 12377.00
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 600.00
Booking Fee: 299.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 80
Product Type: Residential
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 117.50
Lender Product Reference: DS640
Detail
Marsden BS ATOM Intermediary 2 Year Discount 0.5% Fee BMS1.39%DiscountJun-20195.7%5.1%APRC30-Jun-2019 £89980%
Product Code: 001HMS
Product Name: ATOM Intermediary 2 Year Discount 0.5% Fee
Lender Code: BMS
Lender Name: Marsden BS
Initial Pay Rate: 1.39
Mortgage Class: Discount
Initial Rate Period: Jun-2019
Initial Rate Period Months: 25
Standard Variable Rate: 5.7
Apr Lenders: 5.1
Early Repayment Charge Applies Until: 30-Jun-2019
Early Repayment Charge Period Sort Field: 1433
Initial Monthly Payment: 476.12
Monthly Payment After Initial Period: 730.91
Fees Total: 1373.00
True Cost: 0.00
True Cost Over Initial Period: 12377.00
Cashback: 0.00
Valuation Fee: 0.00
Arrangement Fee: 600.00
Booking Fee: 299.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 80
Product Type: Residential
Mortgage Discharge Fee: 150.00
Deeds Release Fee: 0.00
Product Match Status: Available
MaxLoan Available: 1000000.00
Legal Fee: 117.50
Lender Product Reference: DS640
Detail
Monmouthshire BS 2 Year Discount No Fee Purchase BMO1.47%Discount2 years 4.74%4.2%APRC2 years £15065%
Product Code: KXM
Product Name: 2 Year Discount No Fee Purchase
Lender Code: BMO
Lender Name: Monmouthshire BS
Initial Pay Rate: 1.47
Mortgage Class: Discount
Initial Rate Period: 2 years
Initial Rate Period Months: 24
Standard Variable Rate: 4.74
Apr Lenders: 4.2
Early Repayment Charge Applies Until: 2 years
Early Repayment Charge Period Sort Field: 1432
Initial Monthly Payment: 478.23
Monthly Payment After Initial Period: 666.77
Fees Total: 540.00
True Cost: 0.00
True Cost Over Initial Period: 12017.52
Cashback: 0.00
Valuation Fee: 240.00
Arrangement Fee: 0.00
Booking Fee: 150.00
Higher Lending Charge: 0.00
CHAPS Fee: 25
Max LTV Available: 65
Product Type: Residential
Mortgage Discharge Fee: 75.00
Deeds Release Fee: 50.00
Product Match Status: Available
MaxLoan Available: 500000.00
Legal Fee: 250.00
Lender Product Reference: D216
Detail

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The mortgage products displayed above are as a result of the following search: Reason for Mortgage: Purchase; Property Valuation: £200000; Mortgage Amount: £120000; Payment Method: Repayment; Mortgage Term: 25 years; Mortgage Product: Discount Offset: No Product Term Period From: 0 Months; Product Term Period To: 300 Months; . For a more accurate quotation please use our Quick Mortgage Quote facility.

Mortgage product availability is subject to status and availability.

Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions. To confirm details and availability of any product please click the “Do I Qualify” button.