Lifetime Tracker Mortgage

Enjoy the flexibility of a tracker rate...

A lifetime tracker mortgage provides borrowers with a rate tracker mortgage for the entire term.
Tracking Bank of England base rates for the term of the mortgage, such a mortgage can provide several features:

  • Tracking Bank of England rates means that you will be able to take advantage of savings if interest rates drop, although you may also face increased charges if they rise.
  • Flexibility may be offered to make overpayments and thus repay the loan early without incurring additional charges.

A lifetime mortgage is something different. Also known as equity release, lifetime mortgages allow people over the age of 50 to release equity from their home. Click on the links above for more about equity release, or see below for the latest tracker mortgage deals:

Initial RateTypePeriod ToProviderThe Overall Cost For Comparison APRLTV 
4.39% StandardJan 2011Cheltenham & Gloucester 5.00% 75% More
4.39% StandardJan 2011Lloyds TSB Scotland 5.00% 75% More
4.89% StandardFeb 2011Bank of Scotland Mortgages 5.00% 60% More
4.89% StandardDec 2010Alliance & Leicester 7.00% 60% More
4.99% StandardDec 2033Woolwich (Barclays) 5.00% 60% More
4.99% StandardDec 2010Abbey 6.00% 75% More
4.99% StandardJan 2011Northern Rock 6.00% 65% More
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.


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