Compare Discount Mortgages

  • Discount mortgages come with an interest rate that is set at a certain point below the lender's standard variable rate.
  • You can compare the latest interest rates, product fees and other important features of discounted rate mortgages from UK lenders in the table below.
Filter your results
You have a 75% loan-to-value
  • Monmouthshire BS's logo'

    Monmouthshire BS 2 Year Discounted Variable

    • Initial Rate
      1.65% Discounted Variable (collared at 0.90%) for 2 years (3.09% disc)
    • APRC
      4.20%
    • Product Fee
      £649
    • Monthly Repayment
      £610.53
    • Lender:
      Monmouthshire BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £40,000
    • Max Loan:
      Varies
    • Product Description:
      1.65% Discounted Variable (collared at 0.90%) for 2 years (3.09% disc)
    • Incentives:
    • Ongoing Monthly Payments:
      £610.53 x 24
    • Total Amount Payable:
      £246,853.24
    • Total Interest Payable:
      £95,049.24
    • Valuation Fee:
      £230
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 1% Sum Repaid
  • Marsden BS's logo'

    Marsden BS 2 Year Discounted Variable

    • Initial Rate
      1.69% Discounted Variable to 31/05/2023 (4.01% disc)
    • APRC
      4.80%
    • Product Fee
      £998
    • Monthly Repayment
      £613.39
    • Lender:
      Marsden BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £30,000
    • Max Loan:
      Varies
    • Product Description:
      1.69% Discounted Variable to 31/05/2023 (4.01% disc)
    • Incentives:
      Free valuation fees for properties valued Max £500K
      free legal fees Remortgages
      free valuation admin fees for properties valued Max £500K

    • Ongoing Monthly Payments:
      £613.39 x 30
    • Total Amount Payable:
      £264,035.90
    • Total Interest Payable:
      £113,037.90
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £0
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      to 31/5/23: 3/3/2% Sum Repaid
  • Monmouthshire BS's logo'

    Monmouthshire BS 2 Year Discounted Variable

    • Initial Rate
      1.75% Discounted Variable (collared at 1.00%) for 2 years (2.99% disc)
    • APRC
      4.10%
    • Product Fee
      £499
    • Monthly Repayment
      £617.68
    • Lender:
      Monmouthshire BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £40,000
    • Max Loan:
      Varies
    • Product Description:
      1.75% Discounted Variable (collared at 1.00%) for 2 years (2.99% disc)
    • Incentives:
      Free valuation fees for properties valued Max £1M
      free legal fees
      free valuation admin fees for properties valued Max £1M

    • Ongoing Monthly Payments:
      £617.68 x 24
    • Total Amount Payable:
      £246,046.32
    • Total Interest Payable:
      £95,422.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 1% Sum Repaid
  • Cumberland BS's logo'

    Cumberland BS 2 Year Discounted Variable

    • Initial Rate
      1.78% Discounted Variable for 2 years (2.31% disc)
    • APRC
      3.80%
    • Product Fee
      £999
    • Monthly Repayment
      £619.84
    • Lender:
      Cumberland BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £50,000
    • Max Loan:
      £2,000,000
    • Product Description:
      1.78% Discounted Variable for 2 years (2.31% disc)
    • Incentives:
      Free valuation fees
      free legal fees Remortgages

    • Ongoing Monthly Payments:
      £619.84 x 24
    • Total Amount Payable:
      £232,732.08
    • Total Interest Payable:
      £81,583.08
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £150
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 1/0.5% Sum Repaid
  • Beverley BS's logo'

    Beverley BS 2 Year Discounted Variable

    • Initial Rate
      1.82% Discounted Variable for 2 years (3.17% disc)
    • APRC
      4.60%
    • Product Fee
      £995
    • Monthly Repayment
      £622.72
    • Lender:
      Beverley BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £40,000
    • Max Loan:
      Varies
    • Product Description:
      1.82% Discounted Variable for 2 years (3.17% disc)
    • Incentives:
    • Ongoing Monthly Payments:
      £622.72 x 24
    • Total Amount Payable:
      £253,385.92
    • Total Interest Payable:
      £101,170.92
    • Valuation Fee:
      £245
    • Exit Admin Fee:
      £175
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2% Sum Repaid
  • Cumberland BS's logo'

    Cumberland BS 2 Year Discounted Variable

    • Initial Rate
      1.88% Discounted Variable for 2 years (2.21% disc)
    • APRC
      3.80%
    • Product Fee
      £999
    • Monthly Repayment
      £627.05
    • Lender:
      Cumberland BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £20,000
    • Max Loan:
      £2,000,000
    • Product Description:
      1.88% Discounted Variable for 2 years (2.21% disc)
    • Incentives:
      Free valuation fees
      free legal fees Remortgages

    • Ongoing Monthly Payments:
      £627.05 x 24
    • Total Amount Payable:
      £233,092.80
    • Total Interest Payable:
      £81,943.80
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £150
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st yr: 1% Sum Repaid
  • Cumberland BS's logo'

    Cumberland BS 2 Year Discounted Variable

    • Initial Rate
      1.88% Discounted Variable for 2 years (2.21% disc)
    • APRC
      3.80%
    • Product Fee
      £999
    • Monthly Repayment
      £627.05
    • Lender:
      Cumberland BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £50,000
    • Max Loan:
      £2,000,000
    • Product Description:
      1.88% Discounted Variable for 2 years (2.21% disc)
    • Incentives:
      Free valuation fees
      free legal fees Remortgages

    • Ongoing Monthly Payments:
      £627.05 x 24
    • Total Amount Payable:
      £233,092.80
    • Total Interest Payable:
      £81,943.80
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £150
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 1/0.5% Sum Repaid
  • Click here to see 1 similar product
  • Tipton & Coseley BS's logo'

    Tipton & Coseley BS 2 Year Discounted Variable

    • Initial Rate
      1.94% Discounted Variable (collared at ) for 2 years (3.00% disc)
    • APRC
      4.30%
    • Product Fee
      £999
    • Monthly Repayment
      £631.41
    • Lender:
      Tipton & Coseley BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £150,000
    • Max Loan:
      Varies
    • Product Description:
      1.94% Discounted Variable (collared at 1.94%) for 2 years (3.00% disc)
    • Incentives:
    • Ongoing Monthly Payments:
      £631.41 x 24
    • Total Amount Payable:
      £252,689.60
    • Total Interest Payable:
      £100,515.60
    • Valuation Fee:
      £250
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2/1% Outstanding Balance
  • Tipton & Coseley BS's logo'

    Tipton & Coseley BS 2 Year Discounted Variable

    • Initial Rate
      1.94% Discounted Variable (collared at ) for 2 years (3.00% disc)
    • APRC
      4.30%
    • Product Fee
      £999
    • Monthly Repayment
      £631.41
    • Lender:
      Tipton & Coseley BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £150,000
    • Max Loan:
      Varies
    • Product Description:
      1.94% Discounted Variable (collared at 1.94%) for 2 years (3.00% disc)
    • Incentives:
      Free valuation fees for properties valued Max £400K
      free legal fees

    • Ongoing Monthly Payments:
      £631.41 x 24
    • Total Amount Payable:
      £251,714.60
    • Total Interest Payable:
      £100,515.60
    • Valuation Fee:
      £75
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2/1% Outstanding Balance
  • Click here to see 1 similar product
  • Cumberland BS's logo'

    Cumberland BS 2 Year Discounted Variable

    • Initial Rate
      1.98% Discounted Variable for 2 years (2.11% disc)
    • APRC
      3.90%
    • Product Fee
      £999
    • Monthly Repayment
      £634.32
    • Lender:
      Cumberland BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £50,000
    • Max Loan:
      £2,000,000
    • Product Description:
      1.98% Discounted Variable for 2 years (2.11% disc)
    • Incentives:
      Free valuation fees
      free legal fees Remortgages

    • Ongoing Monthly Payments:
      £634.32 x 24
    • Total Amount Payable:
      £233,449.44
    • Total Interest Payable:
      £82,300.44
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £150
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st yr: 1% Sum Repaid
  • Cambridge BS's logo'

    Cambridge BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 2 years (2.90% disc)
    • APRC
      4.30%
    • Product Fee
      £999
    • Monthly Repayment
      £635.05
    • Lender:
      Cambridge BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £20,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 2 years (2.90% disc)
    • Incentives:
      Free valuation fees for properties valued Max £1M Remortgages
      free legal fees Remortgages

    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £250,657.32
    • Total Interest Payable:
      £99,598.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £60
    • Early Repayment Charge:
      No
  • Mansfield BS's logo'

    Mansfield BS 3 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 3 years (3.36% disc)
    • APRC
      4.40%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £25,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 3 years (3.36% disc)
    • Incentives:
      Free valuation fees

    • Ongoing Monthly Payments:
      £635.05 x 36
    • Total Amount Payable:
      £255,399.32
    • Total Interest Payable:
      £103,975.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 3 yrs: 3% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 3 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 3 years (3.36% disc)
    • APRC
      4.40%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £100,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 3 years (3.36% disc)
    • Incentives:
      Free valuation fees

    • Ongoing Monthly Payments:
      £635.05 x 36
    • Total Amount Payable:
      £255,399.32
    • Total Interest Payable:
      £103,975.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 3 yrs: 3% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 3 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 3 years (3.36% disc)
    • APRC
      4.40%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £25,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 3 years (3.36% disc)
    • Incentives:
      Free valuation fees
      free legal fees England, Wales

    • Ongoing Monthly Payments:
      £635.05 x 36
    • Total Amount Payable:
      £254,599.32
    • Total Interest Payable:
      £103,975.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 3 yrs: 3% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 3 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 3 years (3.36% disc)
    • APRC
      4.40%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £100,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 3 years (3.36% disc)
    • Incentives:
      Free valuation fees
      free legal fees England, Wales

    • Ongoing Monthly Payments:
      £635.05 x 36
    • Total Amount Payable:
      £254,599.32
    • Total Interest Payable:
      £103,975.32
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 3 yrs: 3% Mortgage Advance
  • Click here to see 3 similar products
  • Mansfield BS's logo'

    Mansfield BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 2 years (3.36% disc)
    • APRC
      4.60%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £25,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 2 years (3.36% disc)
    • Incentives:
      Free valuation fees

    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £261,267.44
    • Total Interest Payable:
      £109,843.44
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 2 years (3.36% disc)
    • APRC
      4.60%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      0%
    • Min Loan:
      £100,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 2 years (3.36% disc)
    • Incentives:
      Free valuation fees

    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £261,267.44
    • Total Interest Payable:
      £109,843.44
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 2 years (3.36% disc)
    • APRC
      4.60%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £25,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 2 years (3.36% disc)
    • Incentives:
      Free valuation fees
      free legal fees England, Wales

    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £260,467.44
    • Total Interest Payable:
      £109,843.44
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2% Mortgage Advance
  • Mansfield BS's logo'

    Mansfield BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 2 years (3.36% disc)
    • APRC
      4.60%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Mansfield BS
    • Max First Time Buyer LTV:
      0%
    • Max House Purchase LTV:
      0%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £100,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable for 2 years (3.36% disc)
    • Incentives:
      Free valuation fees
      free legal fees England, Wales

    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £260,467.44
    • Total Interest Payable:
      £109,843.44
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £125
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 2% Mortgage Advance
  • Click here to see 3 similar products
  • Scottish BS's logo'

    Scottish BS 3 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable for 3 years (2.95% disc)
    • APRC
      4.30%
    • Product Fee
      £995
    • Monthly Repayment
      £635.05
    • Lender:
      Scottish BS
    • Max First Time Buyer LTV:
      80%
    • Max House Purchase LTV:
      80%
    • Max Remortgage LTV:
      80%
    • Min Loan:
      £30,000
    • Max Loan:
      Varies
    • Product Description:
      1.99% Discounted Variable for 3 years (2.95% disc)
    • Incentives:
      Free valuation fees (Max £375) Remortgages
      £150 cashbackRemortgages or help towards legal feesRemortgages

    • Ongoing Monthly Payments:
      £635.05 x 36
    • Total Amount Payable:
      £247,120
    • Total Interest Payable:
      £95,625
    • Valuation Fee:
      Free
    • Exit Admin Fee:
      £100
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 3 yrs: 3% Mortgage Advance
  • Stafford Railway BS's logo'

    Stafford Railway BS 2 Year Discounted Variable

    • Initial Rate
      1.99% Discounted Variable (collared at 1.00%) for 2 years (0.96% disc)
    • APRC
      2.90%
    • Product Fee
      £499
    • Monthly Repayment
      £635.05
    • Lender:
      Stafford Railway BS
    • Max First Time Buyer LTV:
      75%
    • Max House Purchase LTV:
      75%
    • Max Remortgage LTV:
      75%
    • Min Loan:
      £50,000
    • Max Loan:
      £500,000
    • Product Description:
      1.99% Discounted Variable (collared at 1.00%) for 2 years (0.96% disc)
    • Incentives:
    • Ongoing Monthly Payments:
      £635.05 x 24
    • Total Amount Payable:
      £210,274.44
    • Total Interest Payable:
      £58,990.44
    • Valuation Fee:
      £235
    • Exit Admin Fee:
      £150
    • Early Repayment Charge:
      Yes
    • Early Repayment Charge Details:
      1st 2 yrs: 3% Sum Repaid

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

The mortgage data above was supplied by Moneyfacts Group Plc and is updated at the time of mortgage search. The figures and data provided in our tables are for illustration purposes only. While we make every effort to ensure the accuracy of this data you should always confirm the terms on offer with the provider/broker. We do not give any financial advice.

Our mortgage comparison service is partnered with L&C Mortgages for selections made outside of our featured lenders. Featured lenders are firms with whom we have a direct commercial relationship.

Discount Rate Mortgages FAQ

What is a discount rate mortgage?

How do discount mortgages work?

When do discount mortgage rates change?

What's the difference between discount and tracker mortgages?

How long will a discount mortgage last?

Should I get a discount mortgage?

What are the risks of discount mortgages?

Can I leave my discount mortgage if the rate increases?

How can I protect myself at the end of a discount mortgage?