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Tracker mortgages increasing in popularity

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  • Tracker mortgages increasing in popularity

    A tracker mortgage has an interest rate which follows the Bank of England’s base rate which means monthly repayments go up when the base rate goes up, and go down when the base rate goes down.These types of mortgages are growing in popularity among borrowers at present, with many people expecting interest rates to continue [...]

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  • #2
    Originally posted by Mortgages View Post
    A tracker mortgage has an interest rate which follows the Bank of England’s base rate which means monthly repayments go up when the base rate goes up, and go down when the base rate goes down.These types of mortgages are growing in popularity among borrowers at present, with many people expecting interest rates to continue [...]

    For the right customer flexible mortgages are also gaining popularity
    Gift Wrapped Mortgages

    Independent Mortgage Broker

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    • #3
      In principle yes but many lenders are adding increasingly higher overriders to their BBR tracker products.
      Gift Wrapped Mortgages

      Independent Mortgage Broker

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