Remortgage

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  Base Rate Tracker Remortgages!
  
  A Base Rate Tracker Mortgage is a mortgage with an interest rate that tracks the Bank of England's base lending rate. These deals can last for s set period of a few years, after which they revert to the lender's Standard Variable Rate (SVR) or they can be for the whole period of the mortgage known as a Lifetime Tracker.
  
  Most lenders set their Standard Variable Rate at about 2% above the base rate, so effectively this deal offers a discount on the SVR. The discount may be about 0.25% or 0.75% depending on the length of the mortgage deal. Every time the bank changes its base rate your interest will change by the same amount (so your payments can go up as well as down). The thing to note here is that the mortgage lenders don't always do this for other variable rate customers who may have to wait longer and their rate may fall by less than the full amount.
  
  Always seek independent advice when considering your mortgages options. We will access the whole market to find you the best product for your circumstances.
  
  You no doubt want to ensure you get a better mortgage deal than the one you have. Whether you've just come out of a tie in (fixed rate, low start) or are looking to raise capital for any purpose our brokers will give you best advice. That advice may be to stay with your current lender.

  Many lenders are now offering very attractive deals, but are they what they seem? An independent broker can compare these deals for you and advise whether there are any unfair charges or tie in periods that may not be apparent to you.

  What if you need to raise cash or want to sell your house quickly? Many people have found they are prevented from doing this or subject to high redemption penalties (of several thousand pounds) when presented with this scenario.