Discount Mortgage

Discount Mortgage

Discount Mortgages are growing increasingly popular with borrowers, and especially first time buyers.

A Discount Mortgage gives the borrower a rate of interest that is set below the Standard Variable Rate (the lenders "standard interest rate") for a specific period; anything from 6 months to 5 years.

With a discounted rate the amount that you pay could vary in accordance with the SVR, but you will always pay a set percentage below the SVR; (i.e the amount of discount you get will always remain the same).

We can put you in touch with a qualified, impartial mortgage advisor for a quote:


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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
 By submitting this form you are consenting to your information being passed to an associate of Okoza who may contact you. This information may be used by us or selected partners to advise you of other useful products or services that we feel you would be interested in. Our service is free to you but to operate this service we receive fees from the lenders or brokers we refer you to. There may be a fee for mortgage advice. The adviser is obliged to disclose to you the fee before providing the advice and the precise amount will depend upon your circumstances. We estimate that a typical fee will be 1% of the sum you borrow..