Tracker Mortgage

A type of mortgage for which the interest rate tracks Bank of England’s interest rate.

References in periodicals archive ?

The Cork South-Central TD said: "Given that the number of impacted customers has increased dramatically to 33,700 in a short few months, it is now inevitable the number who have lost their home as a result of being denied a tracker mortgage will increase well beyond figure of 97 currently reported by the main lenders.

CHEATING BANKS EVICT 100 FAMILIES; Outrage at tracker mortgage 'monumental rip-off'; Banks 'must be held to account'

Irish banks could be penalised by the government if they do not speed redress for borrowers who should have been given the option of a cheaper tracker mortgage.

Irish central bank wants bankers to be held responsible for overcharging mortgages

AVERAGE TWO-YEAR TRACKER MORTGAGE RATE IS LESS THAN 2% THE average two-year tracker mortgage deal on offer has reached less than 2% for the first time on record, following the cut in the Bank of England base rate to 0.

POUND NOTES

A tracker mortgage follows the Bank of England base rate at a set margin above or below and can mean you secure a mortgage deal with a very low rate of interest.

Mortgage maze; home frontwith NICK JAMES

CHOOSING whether to go for a fixed rate or tracker mortgage has not been an easy decision over the last few years.

Fixed rate - or trackers?

39 per cent Lifetime Tracker mortgage would see their monthly payments increase by [pounds sterling]267.

Will 2011 be the year of the fixed remortgage?

SHANE and Elizabeth Smart chose a tracker mortgage to buy their new two-bed terrace home in Bath, which they moved into on the August Bank Holiday weekend.

KEEPING TRACK; Your money

HSBC says a typical borrower taking a tracker mortgage in October 2008 for pounds 112,756 is now saving over pounds 218 per month on their initial payment.

'Safety first' in mortgage maze; PERSONAL FINANCE

NATIONWIDE Building Society will not pass on any further interest rate cuts to the majority of its tracker mortgage customers, it said today.

No cuts for Nationwide

o Mortgage advisor Charcol is offering an exclusive lifetime tracker mortgage with a six per cent cashback up to a maximum of pounds 120,000.

THE WORK STATION: POUNDNOTES

The European Tracker Mortgage, while linked to the European Central Bank's interest rate, will operate entirely in sterling.

Home in on a Euro WINNER; personal finance

Global Banking News-November 3, 2017--Irish politicians call for criminal investigation into tracker mortgage scandal