Tracker mortgages

Tracker mortgage overview

Tracker mortgages follow the Bank of England Base rate and apply interest to the initial loan at a defined variable from this figure. A tracker mortgage is available for a fixed period or the life time of the loan. The most common tracker rate period is 2 years, though many mortgage lenders now offer 3 year, 5 year and even 10 year track rate mortgages. If the tracker rate is for a set period of time the mortgage will revert to the lenders standard variable rate at the end of the tracker rate period.

Tracker mortgage options

The Financial Services Authority suggests that before you consider taking out a long term financial product such as a tracker mortgage that you may wish to consult a financial advisor. Our fully independent financial advisors have a great deal of experience of working with clients to research the tracker mortgage market and find a product that is right for them.

Free tracker mortgage consultations

Our aim is clear, to provide tracker mortgage advice that best fits our clients’ needs. We are able to do this as we are fully independent. We search the entire market to recommend the right product. We offer free consultations to allow you to discuss your tracker mortgage requirements with us. During this consultation, our financial advisors will discuss every element of the particular mortgage arrangement to allow you to make an informed decision as to the best way forward. To arrange your free consultation please >click here.

Please note: Your home may be repossessed if you do not keep up the repayments of a mortgage or loan secured on it.