Mortgage Rate Types > Discounted Mortgages > Discounted mortgage quote

Discounted mortgage quote

Tailored rates with firstmortgage.co.uk

Find a discounted mortgage quote with First Mortgage - the impartial broker you can bank on.

We scour the whole of the UK market for the best deals - and you’re guaranteed to find the lowest rates. Our service is totally free and impartial. Call us now on 0845 603 1525 to arrange an immediate discounted rate mortgage quote.

Arrange a discounted mortgage quote with First Mortgage

How does this type of deal work?

Like tracker mortgages discounted deals follow changes in the Bank of England’s base rate. For example, if the base rate goes up, so does your mortgage interest. However, discounted mortgage offer a reduction in your lender’s standard variable rate (SVR) for a short term. For example, your rate might be set at around 0.5% less than the SVR for the first 3 years of your deal.

This is a very good deal for people able to manage any changes in their monthly repayments. If interest rate fall, your payments will go down - but if they rise you need to make sure you can cover any extra cost. If you prefer to know exactly how much is coming out of you account each month then you may be better suited to a fixed mortgage.

Arranging a discounted mortgage quote...

You can call us on 0845 603 1525 for an immediate discounted mortgage quote, or click here to request a quote. It’s important to make sure that you don’t borrow more than you can afford to repay, so it’s also worth visiting our calculator page. This can help you work out how much you can borrow without exceeding your budget.

Arrange a discounted mortgage quote now.

To find out if discounted mortgage is right for you, call us on and talk with one of our experienced consultants. You may also want to view other types of available deals, including fixed rate, tracker, flexible, capped, offset, current account and cashback mortgages.



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