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Capital Ideas is a trading style of Financial Horizons Ltd which is authorised and regulated by the

Financial Conduct Authority, FCA reference No 587075.  Registered in England, company No 07714109.  Registered office 77 Woodcrest  Road Darlington DL3 8EE


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What we cover

With a discount mortgage, the lender gives a discount below their standard variable rate (SVR) for a period of time.  


The biggest discount is not necessarily the best.  There are many other factors that need to be considered:



A discount mortgage deal will give you savings over a period of time, but you should be aware that the interest rate is variable, and therefore your mortgage payments may rise and fall.


Lenders SVR’s have historically been in the range of 1% to 2% above Bank of England base rate, although there is no formal link.  


With this type of deal, lenders can decide the timing of when to change mortgage interest rates.

Discount Mortgage see-saw

Since the credit crunch mortgage lenders have been slow to reduce their standard variable rates, and the margins have increased generally to between 3% to 4% above Bank of England base.  Nothing is certain, but when interest rates are on the rise, we believe that discount mortgage rates are likely to increase more slowly than tracker mortgage rates.  Only time will tell what the future will bring.


As independent mortgage brokers we’re well placed to find the cheapest mortgage rates that fit your individual needs.  And we’ll take into account all the costs and hidden pitfalls.


Don’t forget, too, that a mortgage loan is probably the biggest commitment you’ll take on, so you need advice on how to make sure that the dream doesn’t turn into a nightmare.


To get on with finding the best mortgage deals for you, just contact us to discuss your needs.



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


Our typical mortgage advice fee is 0.5% of the amount borrowed.  This depends on individual circumstances