Discount Rate Remortgages
Discount Rate Remortgages - Discount rate remortgages offer a discount on standard variable rate remortgages for a defined period of time; usually between two and ten years. Lenders offering discount rate remortgages generally penalise borrowers who overpay or try to pay off their mortgage during the discount period. A discount rate remortgage is still as volatile as the standard variable rate and borrowers should keep this in mind. A lender's standard variable rate is set at its own discretion based on market conditions and competitive pricing. Once the discount period has ended, the remortgage moves to a standard variable rate.
At Capital Fortune, we are a comprehensive panel of lenders broker offering a holistic view of the market. We are in contact with a range of lenders across the market and use this contact base to access deals which may not otherwise be available to our clients. As discount rate remortgages have a range of terms and conditions, we use our market knowledge to aid our clients find the most suitable and cost effective discount rate remortgages. Our advisers offer a professional, impartial and personalised service, and tailor discount rate remortgages to the specific needs of our clients.