UK Tracker Mortgage

Tracker mortgages have an interest rate that follows the bank of England base rate, meaning that your monthly payments go up when the base rate goes up, and down when the base rate goes down, so your payments will change in accordance with external market interest rates. You will quickly benefit from any potential changes, as your monthly payments usually change immediately, as soon as the base rate changes.

The rate on your tracker mortgage always maintains the same differential between the rate you pay and the interest rate set by the Bank of England.
Remember whilst you will benefit if the bank of England’s base rate goes down, your Tracker Mortgage will go up if their base rate rises.

Some Tracker Mortgages come with a cash back offer, this usually means the lender will make a lump sum available to you, on completion. This cash could then be used for whatever you wish, it could be used to help you set up and furnish your new home.

Full range of UK Mortgages:

Typical, variable APR is 10.9%. Rates range from 7.7% to 18.3%
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP MORTGAGE OR DEBT REPAYMENTS SECURED ON IT
THINK CAREFULLY BEFORE SECURING ANY OTHER DEBT ON YOUR HOME. NON PAYMENT OF ANY LOAN CAN AFFECT YOUR CREDIT RATING

Every effort has been made to ensure that the facts here are correct. No liability is accepted for any errors contained herein or for any loss resulting from actions taken.