Mortages / Base Rate Tracker Mortgages

The newest type of mortgage. The interest rate is variable but set at a premium (above) the Bank of England Base Rate for a period or even the term of the mortgage. The interest rate fluctuates with bank base rate fluctuations and usually change immediately following a bank base rate change. The biggest advantage of this type of mortgage is that, usually there is little or no redemption penalty. This also means that interest can be saved on the mortgage without penalty, by overpayments, and these savings can be quite significant.

Other Mortgages:

For further information on any of our mortgages call us on 0191 268 1049, or use our Call Back Form and we'll call you at your convenience.

Privacy Policy | Disclaimer