This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more
This makes our LTV . Invalid LTV.

Barclays Bank logo
Tracker 2 years From Barclays Bank
Initial rate 1.24% 2 years
Maximum LTV 60%
Overall cost of comparison 3.9% APRC
See deal
TSB logo
Tracker Aug-2022 From TSB
Initial rate 1.34% Aug-2022
Maximum LTV 60%
Overall cost of comparison 3.3% APRC
See deal
Nationwide BS logo
Tracker 2 years From Nationwide BS
Initial rate 1.49% 2 years
Maximum LTV 60%
Overall cost of comparison 3.4% APRC
See deal
Santander UK Plc logo
Tracker 2 years From Santander UK Plc
Initial rate 1.49% 2 years
Maximum LTV 75%
Overall cost of comparison 3.1% APRC
See deal
Santander UK Plc logo
Tracker 2 years From Santander UK Plc
Initial rate 1.49% 2 years
Maximum LTV 75%
Overall cost of comparison 3.1% APRC
See deal
Barclays Bank logo
Tracker 2 years From Barclays Bank
Initial rate 1.54% 2 years
Maximum LTV 75%
Overall cost of comparison 4% APRC
See deal
Barclays Bank logo
Tracker 2 years From Barclays Bank
Initial rate 1.58% 2 years
Maximum LTV 60%
Overall cost of comparison 3.9% APRC
See deal
Nationwide BS logo
Tracker 2 years From Nationwide BS
Initial rate 1.79% 2 years
Maximum LTV 60%
Overall cost of comparison 3.3% APRC
See deal
First Direct logo
Tracker Term From First Direct
Initial rate 2.09% Term
Maximum LTV 60%
Overall cost of comparison 2.8% APRC
See deal
First Direct logo
Tracker Term From First Direct
Initial rate 2.24% Term
Maximum LTV 60%
Overall cost of comparison 2.9% APRC
See deal

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

See the next 10 mortgages

Compare Mortgage Deals

"BOE base rate cut to 0.1% - Mortgage rates at all time low!"

Compare Top UK Mortgage Deals

  • Complete our 30 second form to find the latest deals
  • Compare quotes for leading UK lenders with an FCA qualified adviser with no obligation
  • Get a mortgage deal that is suited to your needs!

"Our mortgage team is committed to providing you with an excellent mortgage service".

Mortgage details

Initial rate:
Initial rate period:
Overall cost for comparison:
Maximum loan to value:
Product fee:

To find out more, call on

Website:
Lines are open:
Mon: 8am - 8pm
Tue: 8am - 8pm
Wed: 8am - 8pm
Thu: 8am - 8pm
Fri: 8am - 8pm
Sat: 9am - 4pm
Sun: Closed
Calls may be recorded

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

This comparison simply includes all mortgage services

Please make sure you meet the following criteria:

Get A Great Mortgage Deal!

We are 100% independent. Find the best mortgage rates from UK lenders...

Mortgages Direct provides an independent mortgage quotes and advice service. When you submit this form you will be contacted by a regulated mortgage adviser to discuss your options.


What is a tracker rate mortgage?

Tracker rate mortgages (also known simply as “tracker mortgages”) offer an interest rate set at a fixed percentage above the Bank of England base rate (or an equivalent). This means your rate should stay broadly in line with inflation while the tracker rate is in effect.

The tracker rate is normally only offered for an introductory period (often 2 years) after which you will likely be moved to a standard variable rate of interest. This may be significantly higher than the tracker rate.

What are the alternatives to a tracker mortgage?

The most popular alternative to a tracker mortgage is a fixed rate mortgage. This offers a set interest rate for an introductory period (again, 2 years is common).

The advantage of a fixed rate mortgage is that you know exactly how much you will be paying each month. However, that certainty tends to come at a cost, with the interest rates on fixed rate mortgages generally being higher than the initial rate on a tracker mortgage.

Should you remortgage when the tracker rate ends?

As the tracker rate is usually only offered for a limited period, it may be worth looking at moving your mortgage to a new deal with the tracker period ends. Many mortgage lenders offer to cover standard remortgaging fees when you move your mortgage to them, making this more affordable.

Independent Mortgage Advice

Remortgaging is particularly popular at the moment as interest rates are low.

Click to call

Whether it will be a good idea for you to remortgage depends on a number of factors, including your goals and your personal circumstances.

However, in general, if interest rates are lower than you are currently paying on your mortgage, it may be a good time to remortgage.

If interest rate are higher than you are currently paying, it may be better to look at other options, such as a second mortgage or a personal loan (if you aim is to borrow more).

If you are not sure whether now is the right time to remortgage, it is a good idea to speak to an independent mortgage broker who will be able to offer impartial advice.

Latest news

Mortgage Rates Set To Fall - Is It A Good Time To Remortgage?

In response to the coronavirus outbreak in the UK, the Bank of England has dramatically cut their base rate from 0.75% to 0.1% which is considered to be an emergency measure to help support the economy through the financial disruption caused by the spread of the Covid-19 virus. How will this move impact your mortgage...

Newletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

mortages.direct is a trading style of Fair Investment Company.

We've been comparing and recommending mortgage deals for many years so you can trust you're in good hands.