Sprive, is urging anyone on a variable rate to take advantage of any potential cut by overpaying the difference.
Read MoreMortgage holders urged to turn rate cut savings to fast-track mortgage freedom
Tag: tracker mortgage
Interest rates could fall to 2.75%: Should you take a tracker mortgage?
Interest rates are on a downward trajectory, leaving mortgage borrowers approaching the end of their current deal with a decision to make.
Read MoreUK interest rate cut: what does it mean for mortgages and savings?
The Bank of England has voted to cut the cost of borrowing, reducing the base rate to 4.25%. Here’s what it means for you
Read MoreHow Trump’s tariff turmoil could shake up different mortgage types
Interest rates are an indicator of how much you’ll repay on a borrowed financial product, such as a mortgage. While the UK has one of the world’s largest mortgage markets, how do interest rates affect the 25% of UK residents that own one?
Read MoreSome mortgage rates cut below 4% as competition picks up
Two major lenders launched mortgage deals on Thursday with interest rates of less than 4%, as competition picks up in the sector.
Read MoreThe best buy-to-let mortgages for landlords: Should they fix or risk a tracker?
Buy-to-let landlords are being hit by higher interest rates, higher costs and a less friendly tax regime.
Read MoreShould I stick with my tracker mortgage with rates falling or move to a cheaper fix? DAVID HOLLINGWORTH replies
I’m on a Natwest tracker mortgage but can switch to a new deal.
I owe £31,000 to be repaid over the next five years and 10 months. It’s 6.04 per cent but will come down after the latest base rate cut from the Bank of England.
I earn £3,000 a month so have been making massive overpayment. Would I be better off staying on a tracker or fixing?
Read More