Tracker Mortgages
Want a mortgage that follows the Bank of England base rate?
We have advisors who specialise in tracker mortgages and can explain how they work and whether they suit your situation.
Tracker Mortgage Advice
A tracker mortgage is a type of variable-rate mortgage that moves in line with the Bank of England base rate, plus a set percentage. For example, if your deal is base rate +1%, and the base rate is 5.25%, you would pay 6.25%.
Tracker mortgages can offer lower rates than some fixed deals when interest rates are stable or falling. However, your monthly repayments can increase if the base rate rises, so it’s essential to budget for fluctuations. Some tracker deals come with a “collar” (minimum rate) or “cap” (maximum rate), while others do not.
At Online Mortgage Advisor, we have advisors who specialise in tracker mortgages. They will explain how these products compare to fixed or SVR mortgages, help you understand the risks and benefits, and guide you to lenders offering the most suitable deals.
Check your affordability
Use our calculator to see how much you could borrow and how your payments may change if rates rise or fall.
Read our guides
Browse our tracker mortgage guides to learn about caps, collars, and how they compare to fixed or SVR deals.
Compare tracker mortgage deals
Use our comparison tool to view lenders currently offering tracker products
Speak to an expert
Get matched with an advisor who specialises in tracker mortgages and knows which deals may suit your situation best.
We have advisors who understand how tracker mortgages work and can help you decide whether they’re the right fit. Make an enquiry today.
Our Guides
Expert mortgage guidance tailored for tracker mortgages.
Mortgage Tools & Calculators
Professional tools designed to help you understand your mortgage options, compare rates, and make informed decisions about your financial future.
Frequently Asked Questions
Still have questions about mortgages, rates, or the application process? Our comprehensive FAQ section covers everything from first-time buyer queries to complex remortgage scenarios.
The biggest risk with a tracker mortgage is that your monthly repayments could increase if the Bank of England base rate rises.
This will depend on your circumstances and whether you want to take a chance on interest rates falling or remaining at a low level. But if that happens, you could end up paying less than if you were on a fixed rate with a higher interest rate.
A mortgage advisor will search the market for you and recommend the best deal based on your situation. They do more than compare rates. They understand lender criteria, manage the paperwork, and know how to get complex cases approved.
With expertise in specialist mortgages and strong lender relationships, they save you time, reduce the risk of rejection, and often access deals not available directly.
Online Mortgage Advisor is an FCA-authorised mortgage broker serving customers nationwide. We match you with specialists who excel in situations like yours.
Over 600,000 borrowers have trusted us to help them find the right deal, and we are rated Excellent on Trustpilot.
Your first chat with an advisor is always free and comes with no obligation. If you choose to go ahead, fees vary depending on the complexity of your case, but you will always know the cost upfront. You will never be charged without agreeing to it first.
Customer Success Stories
Find out your best mortgage options today
You’ll have a dedicated team by your side from questions to completion, with clear choices and costs explained upfront. We’ll match you with a mortgage advisor specialising in your unique situation.