Discounted Tracker Rate Mortgage

Discounted Tracker Rate Mortgage

This is a variable mortgage that is discounted from the Bank of England's Base Rate by a set percentage within a set period. There are often early repayment charges applicable if the loan is repaid within the discounted period.

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  • Choosing a mortgage is a very important decision to make and it is important that you think carefully about repayment methods, interest rates and your needs in general before opting for a mortgage. Some lenders may have mortgages on offer that have unique features or deals attached to them but its important that you don’t [...]
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  • Gordon Brown has today announced that Stamp duty is to be suspended for a year, on properties that cost up to £175,000 in a bid to boost the ailing housing market. The long-awaited freeze on the unpopular levy is to take place from Wednesday. It forms part of an emergency rescue package for hard-pressed home buyers and [...]
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