Compare Tracker Mortgages

Base Rate Tracker Mortgages

		Mortgage Type Fixed: The interest rate is fixed for a certain period – usually 1 to 5 years. Tracker: The interest rate rises and falls with the Bank of England base rate. Standard: The interest rate rises and falls with the provider’s standard interest rate (SVR). Discount: The interest rate rises and falls with the provider’s standard variable rate but is set at a lower discounted rate for certain period. Buy to Let: For landlords purchasing a property for letting.	Initial Rate The introductory rate of interest that you will pay for a certain period of time depending on the mortgage type and term.	Initial Term The length of time that the initial interest rate applies to the mortgage.	Final Rate The interest rate that your mortgage will revert to after any introductory rates have finished.	APR This is the mortgage’s Annual Percentage Rate: the interest rate that you will be charged on your mortgage including all charges such as arrangement fees (also referred to as Cost For Comparison).	Loan to value The percentage of a property’s value for which the mortgage can be used. Example: 75% loan to value = 25% deposit.	Fee to Apply This is the fee that must be paid to the lender when you take out the mortgage. It can be applied to the loan or paid separately.
	Santander UK plc 2yr BBR + 1.59% Tracker R/M LTV 60% Direct [Show Details]	Tracker	2.09%	24 months	4.24%	4.00%	60%	£1995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: yes Call Direct 0800 032 4610
	NatWest 2yr BBR+1.85% LTV 60% Dir AdPt/Bus Ex/C no-ERC [Show Details]	Tracker	2.35%	31/03/2014	4.00%	4.00%	60%	£1499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	Available for existing NatWest customers only.
	Royal Bank of Scotland 2yr BBR+1.85% LTV 60% "Black Account" Ex/B Dir [Show Details]	Tracker	2.35%	31/03/2014	4.00%	3.90%	60%	£1499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Available for existing Royal Bank of Scotland customers only.
	Royal Bank of Scotland 2yr BBR+1.85% LTV 60% "Black Account" Ex/C No ERC [Show Details]	Tracker	2.35%	31/03/2014	4.00%	4.00%	60%	£1499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	Available for existing Royal Bank of Scotland customers only.
	Chelsea Building Society 2yr BBR + 1.89% LTV 70% Direct [Show Details]	Tracker	2.39%	31/03/2014	5.79%	5.40%	70%	£1495	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes
	HSBC Lifetime BBR + 1.89% LTV 60% Special Direct [Show Details]	Tracker	2.39%	term	n/a	2.50%	60%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	NatWest 2yr BBR + 1.95% LTV 60% Direct [Show Details]	Tracker	2.45%	31/03/2014	4.00%	4.00%	60%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	NatWest 2yr BBR + 1.95% LTV 60% Direct Ex/B [Show Details]	Tracker	2.45%	31/03/2014	4.00%	3.90%	60%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 1.95% LTV 60% Direct Ex/B [Show Details]	Tracker	2.45%	31/03/2014	4.00%	3.80%	60%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Royal Bank of Scotland 2yr BBR + 1.95% Tracker LTV 60% [Show Details]	Tracker	2.45%	31/03/2014	4.00%	4.00%	60%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	HSBC Lifetime BBR + 1.99% LTV 60% Special Direct [Show Details]	Tracker	2.49%	term	n/a	2.50%	60%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	Chelsea Building Society 2yr BBR + 2.09% Offset Tracker LTV 70% Direct [Show Details]	Tracker	2.59%	31/03/2014	5.79%	5.50%	70%	£1495	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes
	Chelsea Building Society 2yr BBR + 2.09% LTV 70% Direct [Show Details]	Tracker	2.59%	31/03/2014	5.79%	5.40%	70%	£395	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes
	HSBC Lifetime BBR + 2.09% LTV 70% Direct [Show Details]	Tracker	2.59%	term	n/a	2.70%	70%	£599	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	HSBC Lifetime BBR + 2.09% LTV 70% Ex/C Adv Dir [Show Details]	Tracker	2.59%	term	n/a	2.70%	70%	£399	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	Available for existing HSBC customers only.
	HSBC Lifetime BBR + 2.09% LTV 70% Ex/C Prem Dir [Show Details]	Tracker	2.59%	term	n/a	2.70%	70%	£299	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	Available for existing HSBC customers only.
	NatWest 2yr BBR + 2.10% LTV 60% Direct Ex/B Main Bank A/C [Show Details]	Tracker	2.60%	31/03/2014	4.00%	3.80%	60%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.10% LTV 60% Direct Ex/B Main A/C [Show Details]	Tracker	2.60%	31/03/2014	4.00%	3.80%	60%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Chelsea Building Society 2yr BBR + 2.29% Offset Tracker LTV 70% Direct [Show Details]	Tracker	2.79%	31/03/2014	5.79%	5.40%	70%	£395	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes
	NatWest 2yr BBR + 2.29% LTV 70% Direct Ex/B [Show Details]	Tracker	2.79%	31/03/2014	4.00%	3.90%	70%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.29% LTV 70% Direct Ex/B [Show Details]	Tracker	2.79%	31/03/2014	4.00%	3.90%	70%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Santander UK plc 2yr BBR + 2.34% Tracker H/P C/B LTV 60% Direct [Show Details]	Tracker	2.84%	24 months	4.24%	4.10%	60%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: no Call Direct 0800 032 4610
	NatWest 2yr BBR + 2.35% LTV 60% Direct Fee Free [Show Details]	Tracker	2.85%	31/03/2014	4.00%	4.00%	60%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.35% Tracker LTV 60% No Fee [Show Details]	Tracker	2.85%	31/03/2014	4.00%	4.00%	60%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	HSBC Lifetime BBR + 2.39% LTV 70% Direct [Show Details]	Tracker	2.89%	term	n/a	2.90%	70%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	NatWest 2yr BBR + 2.39% LTV 75% Direct [Show Details]	Tracker	2.89%	31/03/2014	4.00%	4.00%	75%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	NatWest 2yr BBR + 2.39% LTV 75% Direct Ex/B [Show Details]	Tracker	2.89%	31/03/2014	4.00%	3.90%	75%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.39% LTV 75% Direct Ex/B [Show Details]	Tracker	2.89%	31/03/2014	4.00%	3.90%	75%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Royal Bank of Scotland 2yr BBR + 2.39% Tracker LTV 75% [Show Details]	Tracker	2.89%	31/03/2014	4.00%	4.00%	75%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	NatWest 2yr BBR + 2.45% LTV 70% Direct Ex/B Main Bank A/C [Show Details]	Tracker	2.95%	31/03/2014	4.00%	3.90%	70%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.45% LTV 70% Direct Ex/B Main A/C [Show Details]	Tracker	2.95%	31/03/2014	4.00%	3.90%	70%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	HSBC Lifetime BBR + 2.49% LTV 80% Direct [Show Details]	Tracker	2.99%	term	n/a	3.10%	80%	£599	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	HSBC Lifetime BBR + 2.49% LTV 80% Ex/C Adv Dir [Show Details]	Tracker	2.99%	term	n/a	3.10%	80%	£399	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	Available for existing HSBC customers only.
	HSBC Lifetime BBR + 2.49% LTV 80% Ex/C Prem Dir [Show Details]	Tracker	2.99%	term	n/a	3.10%	80%	£299	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	Available for existing HSBC customers only.
	Santander UK plc 2yr BBR + 2.54% Tracker H/P C/B LTV 75% Direct [Show Details]	Tracker	3.04%	24 months	4.24%	4.20%	75%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: no Call Direct 0800 032 4610
	Santander UK plc 2yr BBR + 2.54% Tracker R/M C/B LTV 60% Direct [Show Details]	Tracker	3.04%	24 months	4.24%	4.10%	60%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: yes Call Direct 0800 032 4610
	Santander UK plc 2yr BBR + 2.54% Tracker R/M LTV 60% Direct [Show Details]	Tracker	3.04%	24 months	4.24%	4.10%	60%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: yes Call Direct 0800 032 4610
	NatWest 2yr BBR + 2.55% LTV 75% Direct Ex/B Main Bank A/C [Show Details]	Tracker	3.05%	31/03/2014	4.00%	3.90%	75%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	NatWest 2yr BBR + 2.55% LTV 75% Direct Ex/B>£200k [Show Details]	Tracker	3.05%	31/03/2014	4.00%	3.90%	75%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Post Office Ltd 2yr BBR + 2.55% Tracker LTV 75% [Show Details]	Tracker	3.05%	31/12/2013	3.99%	4.00%	75%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0121 270 3556
	Royal Bank of Scotland 2yr BBR + 2.55% LTV 75% Direct Ex/B >£200K [Show Details]	Tracker	3.05%	31/03/2014	4.00%	3.90%	75%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Royal Bank of Scotland 2yr BBR + 2.55% LTV 75% Direct Ex/B Main A/C [Show Details]	Tracker	3.05%	31/03/2014	4.00%	3.90%	75%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Chelsea Building Society 2yr BBR + 2.64% LTV 85% Direct [Show Details]	Tracker	3.14%	31/03/2014	5.79%	5.60%	85%	£1495	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 15% First time buyer: yes Homemover: yes Remortgage: yes
	NatWest 2yr BBR + 2.69% LTV 75% Direct Fee Free [Show Details]	Tracker	3.19%	31/03/2014	4.00%	4.00%	75%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	Post Office Ltd 2yr BBR + 2.69% Tracker LTV 85% [Show Details]	Tracker	3.19%	31/12/2013	3.99%	4.00%	85%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 15% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0121 270 3556
	Royal Bank of Scotland 2yr BBR + 2.69% Tracker LTV 75% No Fee [Show Details]	Tracker	3.19%	31/03/2014	4.00%	4.00%	75%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	Woolwich (Barclays) Openplan 2yr BBR + 2.69% R/M Ex/C LTV 60% [Show Details]	Tracker	3.19%	28/02/2014	3.89%	3.90%	60%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: yes Call Direct 0845 070 1569
	Available for existing Woolwich (Barclays) customers only.
	Woolwich (Barclays) Openplan FM 2yr BBR + 2.69% Ex/C LTV 60% [Show Details]	Tracker	3.19%	28/02/2014	3.89%	3.90%	60%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0845 070 1569
	Available for existing Woolwich (Barclays) customers only.
	Woolwich (Barclays) Openplan FM 2yr BBR + 2.69% LTV 60% [Show Details]	Tracker	3.19%	28/02/2014	3.89%	3.90%	60%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0845 070 1569
	Woolwich (Barclays) Openplan FM 2yr BBR + 2.69% R/M LTV 60% [Show Details]	Tracker	3.19%	28/02/2014	3.89%	3.90%	60%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 40% First time buyer: no Homemover: no Remortgage: yes Call Direct 0845 070 1569
	Santander UK plc 2yr BBR + 2.74% Tracker R/M C/B LTV 75% Direct [Show Details]	Tracker	3.24%	24 months	4.24%	4.20%	75%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: yes Call Direct 0800 032 4610
	Santander UK plc 2yr BBR + 2.74% Tracker R/M LTV 75% Direct [Show Details]	Tracker	3.24%	24 months	4.24%	4.20%	75%	£995	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 25% First time buyer: no Homemover: no Remortgage: yes Call Direct 0800 032 4610
	HSBC Lifetime BBR + 2.79% LTV 80% Direct [Show Details]	Tracker	3.29%	term	n/a	3.30%	80%	No Fee	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 077 4283
	NatWest 2yr BBR + 2.79% LTV 80% Direct [Show Details]	Tracker	3.29%	31/03/2014	4.00%	4.10%	80%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 158 2907
	NatWest 2yr BBR + 2.79% LTV 80% Direct Ex/B [Show Details]	Tracker	3.29%	31/03/2014	4.00%	4.00%	80%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 20% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 158 2907
	Royal Bank of Scotland 2yr BBR + 2.79% LTV 80% Direct Ex/B [Show Details]	Tracker	3.29%	31/03/2014	4.00%	4.00%	80%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Borrower: yes Minimum Deposit: 20% First time buyer: no Homemover: no Remortgage: no Call Direct 0800 068 7678
	Royal Bank of Scotland 2yr BBR + 2.79% Tracker LTV 80% [Show Details]	Tracker	3.29%	31/03/2014	4.00%	4.10%	80%	£999	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Minimum Deposit: 20% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0800 068 7678
	Woolwich (Barclays) Openplan 2yr BBR + 2.79% R/M C/B Ex/C LTV 70% [Show Details]	Tracker	3.29%	28/02/2014	3.89%	3.90%	70%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: yes Call Direct 0845 070 1569
	Available for existing Woolwich (Barclays) customers only.
	Woolwich (Barclays) Openplan 2yr BBR + 2.79% R/M Ex/C LTV 70% [Show Details]	Tracker	3.29%	28/02/2014	3.89%	3.90%	70%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 30% First time buyer: no Homemover: no Remortgage: yes Call Direct 0845 070 1569
	Available for existing Woolwich (Barclays) customers only.
	Woolwich (Barclays) Openplan FM 2yr BBR + 2.79% Ex/C LTV 70% [Show Details]	Tracker	3.29%	28/02/2014	3.89%	3.90%	70%	£499	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Existing Customer: Yes Existing Customer Type: current account Minimum Deposit: 30% First time buyer: yes Homemover: yes Remortgage: yes Call Direct 0845 070 1569
	Available for existing Woolwich (Barclays) customers only.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Tracker Mortgages

With a tracker mortgage, the interest you pay is dependent on how much it costs your bank to borrow money itself.

Usually, your rate will be linked to either the base rate which the Bank of England (BoE) lends money to the banks at or the LIBOR rate - the interest rate that banks charge when they borrow from each other. Your interest rate stays at a certain level above that rate, which can change from month to month; hence the name tracker.

A tracker rate can work out handsomely for you while interest rates are low but could mean you are left with hefty repayments if the rates were to rise.

The BoE sets its interest rates by the state of the economy - high when it's good, low when it's bad. And since with this type of mortgage you are 'locked in' for a certain length of time - generally anything from one to five years - you'll need to consider whether you think the economy is likely to get better or worse over the length of your deal. Specialist advice is available.

Sometimes banks offer stepped interest rate trackers, as they do with other mortgages. Your rate will start low - perhaps even in line with the base rate - and then increase at certain intervals throughout your agreed term.

There's also the usual arrangement fees payable when you take out a tracker -if these are expensive they could affect the value of the deal overall.

Click here for more information with Know Your Money's guide to tracker mortgages.

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