Exchange Rates: £/$ (US) £/R (ZAR) £/$ (AUD) £/€ (EUR)
Exchange Rates: £/$ (US) £/R (ZAR) £/$ (AUD) £/€ (EUR)
A discounted rate mortgage offers a discount on the lender’s standard variable rate, for a set period of time, ranging from about one to five years. At the end of this period the interest rate usually reverts to the lender’s standard variable rate.
Discounted rate mortgage sometimes have an early repayment charge if you change products or pay off the loan during the initial period.
Compare all the mortgage rates available and find the best mortgage for you.