Compare the best discounted variable mortgage rates – Moneyfacts

Compare the Best Discounted Variable Mortgages

  - Our team of independent experts have selected 6 Best Buy Discounted Variable Rate Mortgages for you.
 
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Compare the Best Discounted Variable Rate Mortgages

Compare
Up to 3 products
side by side
RateAPRCMortgage TypePeriodMax LTVERCSearch all
4650 mortgages

0.98% reverting to 4.74% 3.4% Discounted Variable31/01/201965%To 31/01/2019Details...
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  Product Fee: Completion £1495 

1.65% reverting to 4.74% 4.3% Discounted Variable28/02/201985%To 28/02/2019Details...
Speak to an Adviser
 
  Product Fee: Arrangement £895 

1.89% reverting to 5.19% 4.9% Discounted Variable2 years90%NoneDetails...
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  Product Fee: Completion £395, Booking £100 

1.50% reverting to 4.99% 3.9% Discounted Variable3 years65%1st 3 yrs Details...
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  Product Fee: None 

1.84% reverting to 4.84% 4.2% Discounted Variable3 years85%1st 3 yrs Details...
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  Product Fee: Completion £299 

1.95% reverting to 0.00% 2.0% Discounted VariableTerm80%NoneDetails...
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  Product Fee: Arrangement £199, Completion £800 
Compare
Last Updated: Friday 9 December 2016 07:12

Representative Example: £150,000 mortgage over 25 years initially at 1.50% variable for 36 months reverting to 4.99% variable for term. 36 monthly payments of £599.90 and 264 monthly payments of £842.27. Total amount payable £244,415.68 includes loan amount, interest of £93,956, valuation fees of £260 and product fees of £0. The overall cost for comparison is 4.2% APRC representative.

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply via Moneyfacts.co.uk today. Products shown with a yellow background are sponsored products.

Disclaimer: Credit will be secured by a mortgage on your property. 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.

 

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.

 

 
 

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