Base Rate Tracker Mortgages
A base rate tracker mortgage is a variable rate loan with an interest rate that's equal to or a set amount above or below the Bank of England or the lenders own internal base rate. It tracks (moves up or down with) that rate. Other base rates may still be influenced by changes in the Bank of England’s rate. At the end of the deal period, the lender usually changes you to its standard variable rate. If you can't see a tracker mortgage that suits you needs, call lenders direct to see if there are other deals more suitable for you, or see below for leading rates on other types of mortgages.