Mortgage Product Types

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DiscountA discount rate is an amount (percentage) discounted from the Lenders Standard Variable Rate, for a specific period ie 2,3 5 years etc.Edit
FixedOffers you the certainty of payments for your fixed period.Edit
Lifetime TrackerYou wanted a product that tracks the [Tracker rate] interest rate for the life of this mortgage. and are aware that your payments could go up or down in line with this.Edit
TrackerYou wanted the interest rate payments to track the Bank of England Base rate, and are aware that your payments could go up or down in line with this.Edit
VariableYou wanted your interest payments to vary in line with the lenders current lending rate, and are aware that your payments could go up or down in line with this.Edit
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