A tracker rate mortgage is where the interest on the mortgage tracks the Bank of England base rate plus a certain percentage.
What is a tracker rate?
![Alison avatar](https://static.intercomassets.com/avatars/5256850/square_128/Image_from_iOS-1637333421.jpg)
Written by Alison
Updated over a week agoWhat is a tracker rate?
A tracker rate mortgage is where the interest on the mortgage tracks the Bank of England base rate plus a certain percentage.