Discounted Variable Rate mortgage - Overview
If you want to pay less in the short term - you might want to consider our discounted variable rate mortgage.
Lower payments when cash is tightest
Get a discount on our standard variable rate for an agreed period to give you more breathing space at the start of your mortgage. You can also choose to repay your mortgage over an extended term of 40 years giving you even lower repayments.
Great value for the lifetime of the mortgage
There are no restrictions when the discount period comes to an end.
You can choose from any of our available products such as a fixed rate mortgage.
You will have to pay an early repayment charge equivalent to 6 months gross interest if you pay off all or part of your mortgage, or switch to another mortgage offer, before the end of the discounted rate period.
Insurance and Protection
We can provide you with the other products you may require when you buy or move home including:
- Home Insurance
- Mortgage Repayment Protection Insurance - just ask your local branch for details