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Tracker
Mortgages
Compare Tracker Mortgage rates from the UK's top lenders and find the right package to suit you. Simply choose from our list of providers and give them a call using the numbers provided to find out the latest rates.
Search Mortgages
Editors Choice - NatWest Mortgages - Call 0800 158 2940
NatWest offer a comprehensive range of fixed, tracker, off-set and buy-to-let mortgages. Call NatWest on 0800 158 2940 to discuss (Lines open Mon-Fri 8am-8pm & Sat 9am-4pm)
Tracker Mortgages - Simply call the numbers to speak directly to the lenders listed below!
|
Lender |
Mortgage Name |
Initial Rate |
Subsequent Rate |
The Overall Cost for Comparison is |
Loan to Value |
Fees |
Get Quote |
|---|---|---|---|---|---|---|---|
 |
NatWest 2 Year Tracker Mortgage
|
2.59% (variable)
2.09% above NatWest base rate for 24 months
|
4% (variable)
|
4.10%
|
60%
|
£1,499
|
Call NatWest 0800 158 2940 Apply > |
 |
RBS 2 Year Tracker
|
2.59% (variable)
2.09% above RBS base rate for 24 months
|
4% (variable)
|
4.10%
|
60%
|
£1,499
|
Call RBS 0800 068 7683 Apply > |
|
|
NatWest 2 Year Tracker Mortgage
|
2.89% (variable)
2.39% above NatWest base rate for 24 months
|
4% (variable)
|
4.00%
|
75%
|
£999
|
Call NatWest 0800 158 2940 Apply > |
 |
HSBC Lifetime Tracker Mortgage
|
2.99% (variable)
Tracks at 2.19% above Bank of England base rate for Life
|
N/A
|
3.10%
|
70%
|
£599
|
Call HSBC 0800 077 4255 Apply > |
 |
Post Office 2 Year Tracker
|
3.09% (variable)
2.59% above the Bank of England Base Rate for 2 Years
|
4.49% (variable)
|
4.40%
|
75%
|
£995
|
Call Post Office 0203 004 2012 Apply > |
|
|
NatWest 2 Year Tracker Mortgage (No Fee)
|
3.19% (variable)
2.69% above NatWest base rate for 24 months
|
4% (variable)
|
4.00%
|
75%
|
No Application Fee
|
Call NatWest 0800 158 2940 Apply > |
|
|
HSBC Lifetime Tracker Mortgage
|
3.29% (variable)
Tracks at 2.79% above Bank of England base rate for Life
|
N/A
|
3.30%
|
70%
|
No Application Fee
|
Call HSBC 0800 077 4255 Apply > |
|
|
Post Office 2 Year Tracker
|
3.79% (variable)
3.99% above the Bank of England Base Rate for 2 Years
|
4.49% (variable)
|
4.50%
|
85%
|
£995
|
Call Post Office 0203 004 2012 Apply > |
|
|
HSBC 2 Year Discount Special Fee Free Mortgage
|
3.84% (variable)
0.1% discount off Standard Variable Rate for 2 years
|
3.94% (variable)
|
4.00%
|
90%
|
No Application Fee
|
Call HSBC 0800 077 4255 Apply > |
The rates and products displayed within these tables are updated on a regular basis however due to the dynamic nature of the market some product details and rates may be out of date. We therefore do not take any responsibility for the accuracy of the information supplied within the table although we will always make our best endeavour to ensure that the information provided is as accurate as possible. You should always check rates and terms with the product provider.
The telephone-based mortgage advice service is provided by London & Country Mortgages Ltd., Beazer House, Lower Bristol Road, Bath, BA2 3BA. London & Country Mortgages Ltd are authorised and regulated by the Financial Services Authority. Their FSA number is 143002.
Tracker Mortgages - What You Need To Know
A tracker mortgage is a type of loan that will follow the changes in base rate, with a constant differential being maintained between the current base rate, and the mortgage interest rate.
Being linked to the Bank of England (BoE) base rate, in the way that tracker mortgages are, this causes them fluctuate throughout the term of the mortgage and will alter depending on the interest rates of the current market.
Advantages
One clear advantage of a tracker mortgage over a fixed rate mortgage is that, with a tracker, you will usually be able to benefit from a lower payable interest rate than you may do with the fixed alternative from the same lender.
As well as this, you will also benefit from all of the drops in the BoE base rate as they will always lead to an equivalent fall in the interest rate of your tracker mortgage.
Disadvantages
However, a tracker mortgage may not always be the best option when taking out a loan to purchase a home as, like with all types of mortgage, there are some disadvantages.
Firstly, you may encounter early redemption penalties with a tracker mortgage, which could in fact extend further than the end of your discounted period. This will mean that you will be unable to change your mortgage during the ‘early redemption penalty period’ without incurring a fee for doing so. This fee could be up to as much as the value of six months worth of repayments.
Another disadvantage would be that the BoE base rate can, at times, be unpredictable. This means that in the event of a rapid increase in the base rate, you will see an equal increase in the value of your monthly payments. This can be a problem when trying to manage a budget as the interest rate can and will vary over the life of your mortgage.
As always, we recommend that you seek professional advice if you are unsure which type of mortgage is right for you and that all of the information provided above is for use as an overview only and should not be the basis for your mortgage decision.
Latest Tracker Mortgage News 
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The Bank of England may keep interest rates at 0.5 per cent for another two years, it has been claimed. Tracker mortgage holders may not have ...Wed 28th Sep, 2011 -
Tracker mortgages are often not as cheap as people expect, it has been said. Tracker mortgages may not represent the most cost-effective home ...Mon 5th Sep, 2011 -
A lender has improved its range of tracker mortgages. Individuals searching for a competitive home loan may be interested in a new offer from one ...Mon 8th Aug, 2011 -
The majority of experts in the mortgage market do not anticipate a base rate rise until next year. Tracker mortgage holders are highly unlikely ...Fri 5th Aug, 2011
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An expert believes interest rates will go up at some point in 2011. Tracker mortgage holders are highly likely to face increased charges on their ...Mon 11th Jul, 2011 -
The Bank of England has opted to maintain interest rates at 0.5 per cent. Tracker mortgage holders are likely to be relieved to hear that ...Fri 8th Jul, 2011
