Get money saving tips in our regular emails

We take your privacy very seriously

Variable-rate mortgages

Tracker Mortgages Demystified

What is a Tracker Mortgage?

Before getting into the details of tracker mortgages or variable-rate mortgages, it is imperative to understand its basics. Variable-rate mortgage is a type of mortgage where the mortgage interest is governed by the base interest rate set by the Bank of England. The mortgage interest rate will generally be set at a certain percentage above the rate set by the Bank of England.…

Read the full article →