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3 year discount mortgage rates

3 year discount mortgage rates are mortgages with a discount off the standard variable rate for 3 years. 

 

We have simplified the application process with a facility to apply for a 3 year discount mortgage online.

3 year Discount mortgage rates are a set discount of the lenders standard variable rate.  These mortgages have helped homeowners save on their monthly mortgage payments. 

Although everyone wants a discount of some sort, it is very important to exercise caution when looking at 3 year discount Mortgage deals.  

Without a doubt, the fact that it is a 3 year discount mortgage rate deal will mean that you pay for the discounted privilege through something else.

This can be through high arrangement fees, Higher lending fees or even an extended early repayment charge tie in.

However, having got the negatives out of the way, 3 year discount mortgage rates have helped numerous borrowers over the years.

3 year Discount mortgage rate deals can be used for;

  • First time Buyers
  • Buy to Let mortgage borrowers
  • Borrowers with past credit problems
  • Borrowers after a cheaper Remortgage loan
  • Those moving home
     

 

To speak to a specialist mortgage adviser about 3 year discount mortgage rates

 

 

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

 

 

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