Your Key to a better Mortgage

Basic rate tracker

Fact:
You pay a set percentage above or below the Bank of England base rate. Your interest rate automatically changes in line with the Bank of England base rate and therefore is not affected by your lender's standard variable rate.

Benefit:
You benefit immediately from any reductions in the Bank of England base rate. A lender may delay lowering its standard variable rate, so other mortgage types may not benefit immediately.

Pitfall:
If the Bank of England base rate rises, your mortgage payments increase by the same percentage immediately. You have none of the security of a fixed rate or capped rate.

If you would like to have a talk about the type of mortgages available, please call our independent Advisers today.

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

Our mortgage service is completely independent and there is no need to pay us a fee as we are paid commission by the lender. (If you prefer, you can choose to pay us a fee, usually 0.4% of the loan and we will pass on the lender's commission to you).

The FSA do not regulate some forms of mortgage.