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‘Tracker mortgages are back’ – but is one the right choice for you?

The uncertain interest rate outlook is making tracker deals popular again. We look at the pros and cons of both types of loan

With some experts warning that we may have to brace ourselves for interest rate rises later this year, it might seem odd to suggest considering a tracker mortgage.

But, amid the economic chaos caused by the Iran war, for some people looking for a home loan or to remortgage, a tracker – where the rate you pay moves up or down in line with the Bank of England base rate – could be a good bet.

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May 23, 2026 Mortgages Mortgage rates Property

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