There is no ceiling on how high tracker mortgage rates can rise, which could mean that borrowers see a significant rise in their monthly payments with very little notice; a risk that would not be appropriate for everybody. However, the possible savings that could be achieved with a tracker deal in comparison to a fixed deal are considerable.
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When considering mortgage options, an offset mortgage could be the best solution. Our article discusses the details of offset mortgages and when they could be the right for you.
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Cox & Flight is a trading style of Cox & Flight Financial Solutions Ltd and is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. Cox & Flight Financial Solutions Ltd registered in England and Wales with company number 13246868. Registered Office: Unit A, Suites 2&3, Briar Rhydding, Baildon, BD17 7JW.
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate it will be £499. Your home/property may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority does not regulate some forms of Buy to Let mortgages.
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
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