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Discount Mortgages
A Discount mortgage normally refers to a lower rate of interest for a set period of time, e.g. the first two years. You could get a Discounted SCR mortgage or a Discounted Tracker mortgage. Basically, you pay less interest for a set period of time.
Advantages: It's cheaper than an SVR or Tracker mortgage in the early years.
Dis-advantages: Same dis-advantages as the SVR or Tracker and you may find yourself locked into the SVR for a set period after the discount period has ended.