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What is a Base Rate Tracker mortgage?

What is a Base Rate Tracker mortgage?

Tracker mortgages are based on the Bank of England base rate plus a set percentage. If the Bank of England base rate rises or falls, so will your monthly mortgage payments. At the end of the tracker term you'll usually revert to our Bank Standard Variable rate.

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Your home or property may be repossessed if you do not keep up repayments on your mortgage

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