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Owner Occupied / Residential - discount rate mortgages

Discount rate mortgages can change their mortgage interest rates at any time, subject to the terms and conditions of the mortgage.

The rate of interest paid on these mortgages will change according to our Standard Variable Rate.

Product Criteria

  • Free valuation. Full details on our valuation fees can be found here
  • Minimum age 21
  • Interest only or repayment
  • Interest only to 70% max LTV and subject to an acceptable repayment strategy
  • Minimum term: five years
  • Maximum Term 40 Years
  • Minimum loan size: £30,000.
  • Maximum loan size: £1,000,000 up to 80% LTV or £500,000 above 80% LTV. Loans over this are priced on a bespoke basis and have restricted LTV’s
  • The interest rate charged will not fall below 1.74% (the minimum interest rate) at any point during the mortgage.
  • * Overpayments of up to 10% per annum are allowed without penalty

Owner Occupied/Residential - variable rate mortgages

Owner Occupied 80% LTV Two Year Discount Mortgage

Initial rate

1.89% (variable)

Then reverting to our SVR minus 1.00%


Product period

Two years

Arrangement fee


LTV rate



3.80% APRC

Your home may be repossessed if you do not keep up payments on your mortgage