WebFeb 21, 2024 · For example, a tracker mortgage set at 2% points above the BoE base rate, but with a 1% collar means that even if the base rate fell to zero, you would pay 3% (1% instead of zero + the lender’s ... WebMar 13, 2024 · A discounted variable rate mortgage works a bit like a tracker, except instead of tracking an external base rate, it tracks the SVR at a discounted rate. For …
Discounted vs Tracker Mortgage – Which is Best
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