First Stop Mortgages and Loans

 

Discount Rates Reviewed!

As the mortgage market is so competitive, many lenders offer discounted rates for both purchase mortgages and people remortgaging to them.

Discounts are normally 1% or 3% off the lenders standard variable interest rate and can last for a period from one to three years.

When there are base rate changes the discounted rate still changes but will still reflect the discount originally given.

One disadvantage is that, should you decide to move your mortgage or remortgage during or shortly after the discount period, you will normally be subject to early redemption penalties which can be equal  to or more than the benefit you have received.

Also available in this section:

Variable Rates
Fixed Rates
Capped
Cash Back
Flexible
Base Rate Tracker

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