Tracker mortgage quotes
Tailored rates with firstmortgage.co.uk
Find a tracker mortgage quote with First Mortgage - the impartial broker you can bank on.
Tracker mortgages follow the Bank of England’s base interest rate, rising and falling in line with rate changes. We search the whole of the market for the very best deals. Call us now on 0845 603 1525 for a tracker mortgage quote.
How do tracker mortgages work?
Tracker rate mortgages are currently one of the most popular options with buyers across the UK. With this type of deal your rates change according to fluctuations in the interest base rate (set by the Bank of England). With most lenders you will be offered a deal set a small percentage above the base rate. It’s most common for the tracker period to last only a few years, but it is possible to arrange what is known as a “lifetime tracker“ for the whole duration of the loan term.
Find a tracker mortgage quote...
Before you arrange a tracker mortgage quote, you might want to consider the following points about this type of deal:
If the base rate falls, then your interest payments are reduced
There is usually a cap on how much more you will pay above the base rate
However, if the base rate rises, then so do your monthly payments
Your deal may have early repayment or switch charges
Some lenders have a set minimum interest rate, meaning that if the base rate falls below this you won’t see the benefit
Unlike with variable mortgages, you’re not vulnerable to changes in interest rates by the lender themselves
Find a tracker rate mortgage quote
Call us on 0845 603 1525 for a free quote and consultation with one of our friendly and experienced team. You may also want to learn more about other types of deal, including fixed, discounted, flexible, capped, offset, cashback and current account.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
- Our whole of market service provides an unbeatable choice of mortgage lender.
- We have negotiated many ‘Exclusive’ market leading deals for our clients only.
- Your own dedicated mortgage advisor manages your application from start to finish.
- We do all the paperwork and work with lenders to ensure everything goes smoothly.
- Our mortgage advisors are expert in every type of money saving remortgage.
- Branches throughout Scotland
- Specialist help for first time buyers and homemovers with Property Law Centre
- Scotland’s longest established mortgage advisors
First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
Find out more
Don’t just take our word for it....
Read our testimonials to find out what our clients think of us!
A first class service and will recommend them to all my friends - E Klimek
Thank you so much for guiding me through all stages with expertise, you filled me with so much confidence - D More
My advisor and branch manager made the home buying process a joy! - S Tilston
We received the best dealings we have ever had from first mortgage - I MacDonald
Read more