Tracker Rate Mortgage
A Base Rate Tracker mortgage is a mortgage with an interest rate that tracks either above or below the Bank of England's base lending rate.
These deals can usually last for either a few years, then reverting to the lender's standard variable rate, or be for the whole mortgage term known as a lifetime tracker.
Whenever the Bank of England changes its base rate, your interest rate will change by exactly the same amount during your tracker period.
At Hurleys we have access to the whole of the market and will advise you if this is the most suitable product for you, which lender to choose and the most efficient way to proceed.