Best tracker mortgage rate options
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
| Mortgage Provider | Mortgage Type | Initial Rate/Duration | Subsequent Rate/Duration | The overall cost for comparison | Early Repayment Charges | ||
|---|---|---|---|---|---|---|---|
|
Tracker Rate Mortgage | 3.09% - Bank Base Rate plus 2.59% for 2 years (60%) | 3.50% Variable for term | 3.40% APR | 1.3/0.8% for 2 years. | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 2.59% for 2 Years.
Product Description: 2 Year Tracker to 60% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.09% - Bank Base Rate plus 2.59% for 2 years (60%)
Subsequent Rate/Duration: 3.50% Variable for term
The overall cost for comparison: 3.40% APR
Special Deal: Valuation Fee Refund on Purchase. Free Legal and Free Valuation on Remortgage
FeesLenders arrangement fee: £750
CHAPS Fee: £35
Lender Booking fee: £195
Charcol Booking fee: £0
Valuation Fees: £145
Legal Fees: £150
Early Repayment Charges: £1.3/0.8% for 2 years.
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
|
Tracker Rate Mortgage | 3.29% - Bank Base Rate plus 2.79% for 2 years (80%) | 3.50% Variable for term | 3.90% APR | 1.3/0.8% for 2 years | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 2.79% for 2 years
Product Description: 2 Year Tracker to 80% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.29% - Bank Base Rate plus 2.79% for 2 years (80%)
Subsequent Rate/Duration: 3.50% Variable for term
The overall cost for comparison: 3.90% APR
Special Deal: Valuation fee refunded on Purchase.Free Valuation and Free Legal for Remortgage
FeesLenders arrangement fee: £750
CHAPS Fee: £35
Lender Booking fee: £195
Charcol Booking fee: £0
Valuation Fees: £195
Legal Fees: £145
Early Repayment Charges: £1.3/0.8% for 2 years
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
Large Loan Mortgage | 3.29% - Bank Base Rate plus 2.79% for 2 years (70%) | 3.99% Variable for term | 4.00% APR | 2.5% to last day of month in 2 years | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 2.79% for 2 years.
Product Description: 2 Year Tracker 70% LTV
Mortgage Type: Large Loan Mortgage
Initial Rate/Duration: 3.29% - Bank Base Rate plus 2.79% for 2 years (70%)
Subsequent Rate/Duration: 3.99% Variable for term
The overall cost for comparison: 4.00% APR
Special Deal: Free Legals and Free Valuation on Remortgages
FeesLenders arrangement fee: £900
CHAPS Fee: £30
Lender Booking fee: £99
Charcol Booking fee: £0
Valuation Fees: £257
Legal Fees: £590
Early Repayment Charges: £2.5% to last day of month in 2 years
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
Tracker Rate Mortgage | 3.29% - Barclays Bank Base Rate plus 2.79% until 31/05/2014 (70%) | 4.29% Fixed until 31/05/2017 | 5.30% APR | 3% until 31/05/2017 | ||
Mortgage DetailsProduct Name: Barclays Base Rate plus 2.79% for 2 Years followed by 3 Year Fixed Rate.
Product Description: 2 Year Tracker followed by 3 Year Fixed until 31/05/2017
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.29% - Barclays Bank Base Rate plus 2.79% until 31/05/2014 (70%)
Subsequent Rate/Duration: 4.29% Fixed until 31/05/2017
The overall cost for comparison: 5.30% APR
Special Deal: Free Valuation & Free Legal or £200 Cashback for Remortgages.
FeesLenders arrangement fee: £999
CHAPS Fee: £35
Lender Booking fee: £0
Charcol Booking fee: £0
Valuation Fees: £325
Legal Fees: £333
Early Repayment Charges: £3% until 31/05/2017
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
Tracker Rate Mortgage | 3.35% - Bank Base Rate plus 2.85% until 01/07/2015 (70%) | 4.79% Variablefor term | 4.50% APR | 1% until 01/07/2015 | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 2.85% for 3 Years.
Product Description: 3 Year Tracker to 70% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.35% - Bank Base Rate plus 2.85% until 01/07/2015 (70%)
Subsequent Rate/Duration: 4.79% Variablefor term
The overall cost for comparison: 4.50% APR
Special Deal: Free Valuation and Free Legal Service for Remortgages.
FeesLenders arrangement fee: £995
CHAPS Fee: £0
Lender Booking fee: £95
Charcol Booking fee: £0
Valuation Fees: £287
Legal Fees: £300
Early Repayment Charges: £1% until 01/07/2015
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
Offset / CAM Mortgage | 3.69% - Bank Base Rate plus 3.19% for term (75%) | n/a | 3.80% APR | No early repayment charge | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 3.19% for term
Product Description: Term Tracker to 75% LTV
Mortgage Type: Offset / CAM Mortgage
Initial Rate/Duration: 3.69% - Bank Base Rate plus 3.19% for term (75%)
Subsequent Rate/Duration: n/a
The overall cost for comparison: 3.80% APR
Special Deal: Free Valuation ( Maximum valuation £1m). Free legals on Remortgages
FeesLenders arrangement fee: £695
CHAPS Fee: £35
Lender Booking fee: £395
Charcol Booking fee: £0
Valuation Fees: £0
Legal Fees: £150
Early Repayment Charges: £No early repayment charge
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
|
Tracker Rate Mortgage | 3.69% - Barclays Bank Base Rate plus 3.19% for term (70%) | n/a | 3.90% APR | 1% until 31/05/2014 | ||
Mortgage DetailsProduct Name: Barclays Base Rate plus 3.19% for term
Product Description: Term Tracker to 70% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.69% - Barclays Bank Base Rate plus 3.19% for term (70%)
Subsequent Rate/Duration: n/a
The overall cost for comparison: 3.90% APR
Special Deal: Free Valuation & Free Legal or £200 Cashback for Remortgages.
FeesLenders arrangement fee: £999
CHAPS Fee: £35
Lender Booking fee: £0
Charcol Booking fee: £0
Valuation Fees: £325
Legal Fees: £333
Early Repayment Charges: £1% until 31/05/2014
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
Tracker Rate Mortgage | 3.75% - Bank Base Rate plus 3.25% until 31/05/2014(75%) | 5.99% Variable for term | 5.60% APR | 2% until 31/05/2014 | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 3.25% for 2 Years.
Product Description: 2 Year Tracker to 75% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.75% - Bank Base Rate plus 3.25% until 31/05/2014(75%)
Subsequent Rate/Duration: 5.99% Variable for term
The overall cost for comparison: 5.60% APR
Special Deal:
FeesLenders arrangement fee: £1900
CHAPS Fee: £35
Lender Booking fee: £95
Charcol Booking fee: £0
Valuation Fees: £290
Legal Fees: £117
Early Repayment Charges: £2% until 31/05/2014
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
|
Tracker Rate Mortgage | 3.99% - Bank Base Rate plus 3.49% for 3 years (80%) | 3.99% Variable for term | 4.10% APR | 3% to last day of month in 3 years | ||
Mortgage DetailsProduct Name: 3 Year Bank Base Rate plus 3.49%. Purchase Only
Product Description: 3 Year Tracker to 80% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 3.99% - Bank Base Rate plus 3.49% for 3 years (80%)
Subsequent Rate/Duration: 3.99% Variable for term
The overall cost for comparison: 4.10% APR
Special Deal:
FeesLenders arrangement fee: £900
CHAPS Fee: £0
Lender Booking fee: £99
Charcol Booking fee: £0
Valuation Fees: £255
Legal Fees: £132
Early Repayment Charges: £3% to last day of month in 3 years
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
|
|
Tracker Rate Mortgage | 4.39% - Bank Base Rate plus 3.89% for 2 years (85%) | 3.99% Variable for term | 4.10% APR | 2.5% to last day of month in 2 years | ||
Mortgage DetailsProduct Name: Bank Base Rate plus 3.89% for 2 years
Product Description: 2 Year Tracker to 85% LTV
Mortgage Type: Tracker Rate Mortgage
Initial Rate/Duration: 4.39% - Bank Base Rate plus 3.89% for 2 years (85%)
Subsequent Rate/Duration: 3.99% Variable for term
The overall cost for comparison: 4.10% APR
Special Deal:
FeesLenders arrangement fee: £900
CHAPS Fee: £35
Lender Booking fee: £99
Charcol Booking fee: £0
Valuation Fees: £255
Legal Fees: £132
Early Repayment Charges: £2.5% to last day of month in 2 years
|
Give us a callOur expert advisers are here to help with your specific mortgage needs, call them now on: 0845 413 1404If you are calling outside of our office hours, please leave a message with your name and contact details, and we will contact you once we re-open. Our office hours are: Monday to Thursday: 08.30am – 8pm
Friday: 08.30am - 6pm
Saturday: 10.00am – 4pm
Sunday: Closed
|
||||||
Borrow amount mortgage calculator
Find out how much you might be able to borrow. This mortgage calculator looks at your income and works out how much money a mortgage lender will provide you. This mortgage calculator is based on a generic income multiplier, so the calculator may not show the largest amount you can borrow.
Click here
Loan cost mortgage calculator
Calculate your monthly payments for a particular loan amount and interest rate using this mortgage calculator.
Click here
Loan saving mortgage calculator
Using this mortgage calculator will show you how much you could save by remortgaging.
Click here
Flexible mortgage calculator
Work out how flexible payment options might save you money with our flexible mortgage calculator.
Click here
What mortgage calculator
This mortgage calculator helps you to decide what type of mortgage and mortgage features you may wish to have. It shows which particular mortgage product you may favour, if you require flexible mortgage features and whether you should completely avoid early repayment charges.
Click here
John Charcol is a trading style of Towergate Financial (West) Limited which is authorised and regulated by the Financial Services Authority. Registered in England No. 02292688. Registered office: Towergate House, Eclipse Park, Sittingbourne Road, Maidstone, Kent ME14 3EN. Telephone: 0845 413 1000.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Search
Moving Home?
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
Use the drop down menu to select the moving service that you require.
Home Improvement?
UK Auction List works with our partner, Rated People, the UK's #1 trade recommendation service, to bring you highly reputable tradespeople to help with your home improvements.
Property Finance
UK Auction List works with our partner John Charcol, to bring you highly competitive property auction finance deals.
Use the drop down menu to select the auction finance service that you require.
Property Auctioneers
Free property listings, To display your auction catalogue, promote an auction property or simply find out more about how UK Auction List can support your auction sale, please click here.
Auctions for Property
Check out our step by step guide to property auctions, what goes on there and what you should expect.
UK Countrywide Property Auctions
To find out more about UK Auction List and the property auctions services we offer, click here.
