Tracker Rate mortgages
We have a range of competitive Tracker Rate mortgages suitable for a range of needs, now and in the future. The interest rates on our tracker mortgages tracks the Bank of England’s (BoE or UKBBR) base rate plus a fixed percentage for a set period of time, meaning your repayments will vary monthly if the BoE base rate changes. That means in months when your payments fall, you have the option of over-paying, if your chosen product allows for this. This means you’ve got the chance to pay off your mortgage even quicker. It also means, of course, that if the BoE’s base rate goes up, so will your payments. At the end of the Tracker Rate period, your rate will switch to the Society’s standard variable rate (SVR) for the remainder of the term.
You can choose from applying online¹, in branch or over the phone, and can even use our mortgage calculator and get a decision in principle today.