Discounted rate
Overview
During the discounted rate period, the rate will be the Society's standard variable rate with a discount. Your repayments will therefore be reduced during the discounted rate period.
All you need to know about discounted rate mortgages
Discounted rate mortgages - discounted for 2 years
| Discount | Initial rate | Then changing for remaining term to | The overall cost for comparison is | |
|---|---|---|---|---|
| 2.50% | 5.10%, variable | 7.60%, variable | 7.4% APR | Apply |
| Early repayment charge payable if you repay all of this mortgage within first 5 years. | ||||
| 0.75% | 6.85%, variable | 7.60%, variable | 7.8% APR | Apply |
| Early repayment charge payable if you repay all of this mortgage within first 2 years. | ||||
Discounted rate mortgages - discounted for 5 years
| Discount | Initial rate | Then changing for remaining term to | The overall cost for comparison is | |
|---|---|---|---|---|
| 1.05% | 6.55%, variable | 7.60%, variable | 7.4% APR | Apply |
| Early repayment charge payable if you repay all of this mortgage within first 5 years. | ||||