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Discounted Rate

A discounted rate generally offers a percentage “discount” off the lender’s variable rate for an initial period (typically 2 to 5 years).

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The discounted rate is normally pegged to the lender’s own variable rate and therefore your mortgage rate increases and decreases subject to the movement of the lender’s variable rate (subject to their terms and conditions).

Remember the lender may also charge early repayment penalties during the discounted period.

To find out more about your mortgage options and to review your requirements, tap in to our expertise by contacting our consultants today. You are not in any way obliged to proceed and we will inform you fully BEFORE proceeding with any lenders.

© 2007  FBD Associates Limited. All Rights Reserved.© 2007  FBD Associates Limited. All Rights Reserved.Registered in England, Company No. 04657755.Registered in England, Company No. 04657755.FSA Number 231171.

FBD Associates Ltd is an appointed representative of The Whitechurch Network Limited which is authorised and regulated by the Financial Services Authority.FBD Associates Ltd is an appointed representative of The Whitechurch Network Limited which is authorised and regulated by the Financial Services Authority.

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