top of page

Discounted Mortgages

Image by Austin Distel

These are essentially discounts from the banks/building societies own Standard Variable Rates (SVR).

For example:
If a mortgage is a 2 year 1.5% discount it means the interest rate will be the Mortgage Lender’s SVR minus 1.5% for 2 years.
If their SVR was 5.0% then 5.0% – 1.5% = 3.5%

Mortgage Tree York
01904 263012  
Enquire now
bottom of page