Tracker remortgages

With a tracker remortgage, your interest rate follows changes in the Bank of England’s base rate. Fresh Start Finance can help you sort through the thousands of different remortgage deals and find the best tracker for you. We won’t charge any hidden fees for our service. Even if you have a bad credit history (including CCJs, bankruptcy, arrears or defaults) we can help you arrange a tracker remortgage.

Apply for a tracker remortgage with Fresh Start Finance

What is a tracker remortgage?

The interest rate of a tracker remortgage fluctuates according to the ups and downs of the base rate. Lenders usually agree a rate that stays a certain amount above the base rate (for example + 0.5%). Some trackers are set for the entire loan term. These are known as lifetime trackers. Other tracker remortgages have an agreed period before they return to fixed or standard variable rates.

Is a tracker remortgage right for you?

Tracker rate remortgages don’t suit everyone, but they do offer some advantages over some other types of remortgage rate. It’s worth considering the following points before you make a decision:

 If the base rate falls, then your monthly interest payments are reduced
 There is usually a limit to how much you can pay above the base rate
 However, if the base rate rises, then so do your monthly payments
 Your deal may have early repayment or switch penalties
 Some tracker remortgages have a set minimum interest rate, meaning that if the base rate falls below this you won’t see the benefit

Apply for a tracker remortgage with Fresh Start Finance

To make an enquiry, please fill out our enquiry form today.

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Related Links

 Remortgage types - Fresh Start Finance