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Discount Mortgage

With a discount mortgage, the interest rate for the specified period will stay at a certain amount below the lenders standard variable rate.

After the initial period comes to an end you would revert to the lenders standard variable rate.

Early repayment charges are usually payable for this initial period.

A discount mortgage enables you to benefit from any decrease in the lenders standard variable rate, though this can also increase.

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For any further information please feel free to contact us either by telephone, email or via contact us on our website. You will receive a response within 24 hours of your enquiry.

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