Discount Rate Mortgages

Discount Rate Mortgages - Discount rate mortgages are mortgages that have a discounted rate of interest than normal for a certain period of time period at the start of the mortgage loan. The amount, or percentage, by which the mortgage rate is discounted for the initial period, and the length of the discount period, both vary between discount rate mortgages.

Discount rate mortgages may be most suited to individuals who are in need of extra finance during the first few years of a purchase, such as first time buyers or those in the early years of a professional career. Generally, the rate of interest on the mortgage reverts to a standard fixed or variable rate following the discount rate period for the rest of the loan’s life, in the case of discount rate mortgages.

At Capital Fortune, we pride ourselves on finding the right mortgage for your current circumstances and plans for the future. Using our holistic approach to mortgage brokerage, we can identify which discount rate mortgages can suit you best. Whether you are looking at discount rate mortgages to fit your career, or simply want to soften the costs of decorating and furnish your new home, discount rate mortgages can be found through Capital Finance

Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.

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Contact Us

Capital Fortune
City Office

14 Nicholas Lane
London
EC4N 7BN

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.

There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.

The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.

Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital FortuneLtd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.