Discounted Rate Mortgage
Discounted Rate mortgages have a fixed period during which time your rate will be reduced, then after the discounted period the mortgage reverts to the standard variable rate of the mortgage lender.
Discounted rate mortgages can suit first-time buyers who find the initial discounted rate attractive. They may also be attractive to people who are renovating property to release money otherwise going on mortgage repayments.
If you would like advice from an Independent Mortgage broker in your area on a discounted rate mortgage submit your details below.
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THINK CAREFULLY BEFORE SECURING OTHER DEBT AGAINST YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE
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