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Tracker
Mortgages

Mortgages

A tracker mortgage is similar to a discounted mortgage in that there is an initial low variable interest rate; however a tracker mortgage tracks the Bank of England base rate, rather than the bank’s standard variable rate. With a tracker mortgage, you have the security of knowing that your payments can only increase in line with the country’s interest rates, rather than whenever the lender decides to change its standard variable rate.

As with a discounted rate mortgage, a tracker may also have an early repayment charge during the initial period.

Compare all the mortgage rates available and find the best mortgage for you.

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