Best tracker mortgage rate options
Looking for the best tracker mortgage? Our Best Buy table below lists the best tracker mortgage selection currently on offer at John Charcol.
The difference between a tracker rate mortgage and a discount rate mortgage is that a tracker mortgage is linked to the Bank of England interest rate so your mortgage will be guaranteed to move in line with Bank Rate. With a discount rate mortgage you are linked to a lender's Standard Variable Rate, which they can move as they see fit. On this basis, we generally recommend tracker rates above discount rates. The best tracker mortgage for you will depend on your specific requirements.
Best Buys: Use our quick mortgage finder to compare mortgage rates
| Mortgage Provider | Mortgage Type | Initial Rate/Duration | Subsequent Rate/Duration | The overall cost for comparison | Early Repayment Charges | ||
|---|---|---|---|---|---|---|---|
|
Tracker Rate Mortgage | 2.74% - Bank Base Rate plus 2.24% until 31/03/2014 (60%) | 3.99% Variable for term | 3.90% APR | 3/2% until 31/03/2014 | ||
|
Tracker Rate Mortgage | 2.79% - Bank Base Rate plus 2.29% until 31/07/2015 (75%) | 5.95% Variable for term | 5.50% APR | 3% until 31/07/2015 | ||
|
Tracker Rate Mortgage | 2.88% - Bank Base Rate plus 2.38% until 01/05/2014 (75%) | 4.79% Variablefor term | 3.90% APR | 1% until 01/05/2014 | ||
|
|
Tracker Rate Mortgage | 2.98% - Bank Base Rate plus 2.48% until 01/05/2015 (70%) | 4.79% Variable for term | 3.90% APR | 1% until 01/05/2015 | ||
|
Tracker Rate Mortgage | 3.49% - Bank Base Rate plus 2.99% for term (75%) | n/a | 3.45% APR | 2% for 2 years | ||
|
Tracker Rate Mortgage | 3.49% - Bank Base Rate plus 2.99% for 5 years (80%) | 4.95%- Bank base plus 4.45% for term | 4.10% APR | 5/4/3/2/1% for 5 years | ||
|
Tracker Rate Mortgage | 3.59% -Bank Base plus 3.09% for term (75%) | n/a | 3.45% APR | £250 until 02/02/2014 | ||
|
Tracker Rate Mortgage | 3.69% - Barclays Bank Base Rate plus 3.19% for term (70%) | n/a | 3.50% APR | 1% until 28/02/2014 | ||
| Mortgage comparison powered by Charcol | |||||||
* All mortgage calculations and APRs are based on a £150,000 repayment mortgage at 75% loan to value over 25 years. Should you require different mortgage calculations then please call one of our independent mortgage advisers.
These mortgage best buys are an indication of the best mortgage deals in the market, but are not necessarily the right mortgage for you. We advise all mortgage borrowers to call one of our independent mortgage experts who can help find precisely the best mortgage deal for you. With access to private mortgage banks and alternative building societies who do not have set mortgage products and, as such, do not appear above, a call is highly recommended. Don't miss out on the best mortgage deals
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