Tracker Mortgages
With a Tracker Mortgage your rate will be set a certain fixed percentage above or below the Bank of England base rate, currently 5.25%. So when the base rate changes, your rate will follow within one month of the change to the base rate. If you choose a 2-Year Tracker, please check the date your deal tracks until as, depending on when your loan starts, the tracker period may not apply for the full 2 years or may even apply for longer.
When the 2-Year Tracker period ends, your loan will switch to the Standard Variable Mortgage Rate. At that time it could be higher or lower than the tracker rate you have been paying and may vary over the remaining term of your mortgage. You may be able to take advantage of a different mortgage deal at that time
|
|
|
|
 |
Mortgage Tracker |
| Tired of chasing up your application, view it online.... |
|
|
|
|
