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Mortgage Calculators

Mortgage repayment calculatorMortgage repayment calculator
Work out how much your mortgage repayments will be.

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Right to Buy property sales on the up

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First-time buyer lending rises by 20%
First-time buyer lending rises by 20%

The number of home loans approved to people purchasing their first property climbed by monthly by 20... More

Valuation activity soars
Valuation activity soars

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Mortgage market criticised for lack of innovation
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Homeowners across the UK have called for the introduction of more innovative mortgage products to as... More

Property prices continue to rise
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Mortgage valuations are not in-depth surveys
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How to buy a house: making an offer to completion
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Hinckley & Rugby BS storms market with 5-star rate
Hinckley & Rugby BS storms market with 5-star rate

Hinckley & Rugby Building Society has reduced its discounted variable offset mortgage rate by 0.30%,... More

5-star tracker rate unveiled by first direct
5-star tracker rate unveiled by first direct

A rate cut of 0.60% has pushed the first direct variable tracker deal to the top of the 90% loan-to-... More

Coventry BS unveils 5-star variable-rate mortgage
Coventry BS unveils 5-star variable-rate mortgage

Coventry Building Society has cut the rate on its variable-rate mortgage for term, catapulting it to... More

HSBC issues market-leading five-year rate
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HSBC has stormed the long-term fixed-rate market with a ground-breaking five-year rate available to ... More

Cumberland BS cuts discount rate
Cumberland BS cuts discount rate

Cumberland Building Society has made a series of rate cuts across its mortgage range, most notably w... More

 

Compare the Best Discounted Variable Mortgage Rates


We've compared six of the best Discounted Variable Rate Mortgages for you. Remember if the lenders SVR moves up or down the discounted rate moves too.
RateAPR CostMortgage TypePeriodMax LTVRedemption
SORTSORTSORTSORT
Holmesdale BS

2.29% Reverting to 4.89%4.8%Discounted Variable2 years75%1st 2 yrs
Product Fee: Arrangement £495
Marsden BS

2.69% Reverting to 5.95%5.3%Discounted Variable30/09/201580%To 30/09/2015
Product Fee: Booking £299
Cumberland BS
2.44% Reverting to 4.49%4.1%Discounted Variable3 years75%1st 3 yrs
Product Fee: Arrangement £495
Darlington BS

2.75% Reverting to 5.95%5.1%Discounted Variable30/06/201680%To 30/06/2016
Product Fee: Arrangement £499, Completion £75
National Counties BS

3.19% Reverting to 4.79%4.3%Discounted Variable5 years80%1st 5 yrs
Product Fee: Completion £895
Hinckley & Rugby BS
3.19% for term5.3%Discounted VariableTerm80%-
Product Fee: none
 Sponsored Products
Mansfield BS

4.09% Reverting to 5.59%5.3%Discounted Variable3 years90%1st 3 yrs
Product Fee: Arrangement £400, Booking £199
Mansfield BS

3.45% Reverting to 5.59%5.2%Discounted Variable3 years85%1st 3 yrs
Product Fee: Arrangement £800, Booking £199
Mansfield BS

2.90% Reverting to 5.59%4.9%Discounted Variable3 years80%1st 3 yrs
Product Fee: Arrangement £799, Booking £199
Click to compare up to 3 mortgage products.
Last Updated: Sunday 19 May 2013 18:40
Disclaimer:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
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What you should know about Discounted Variable Rate Mortgages

The interest rate payable on a discounted variable rate mortgage is less than the lenders’ standard variable rate (SVR) for a specified period of time.

Whilst discounted rates are less than SVRs, it is worth bearing in mind that their variable nature means your monthly repayment will change if the main SVR goes up or down.

If you’re looking to take your first step onto the property ladder, our first time buyer Best Buys also contain some discounted rates at higher loan-to-value tiers.

When you look at our Best Buys, you will see that we have selected products from across different loan-to-value tiers in order to give a wide overview of what’s available.

However, if you can’t find a product that’s right for you don’t worry – you can use our quick and easy mortgage search to access a more comprehensive list of mortgages.