D
- Discounted Rate Mortgage
This is the variable mortgage that is discounted from a Lender's SVR by a set percentage within a set period. There are often Early Repayment Charges applicable if the loan is repaid within the discounted period.
- Discounted Tracker Rate Mortgage
This is a variable mortgage that is discounted from the Bank of England's Base Rate by a set percentage within a set period. There are often Early Repayment Charges applicable if the loan is repaid within the discounted period.