Compare the Best Variable Rate & Tracker Mortgages

  - Looking for the flexibility of a standard variable rate or a mortgage that tracks the Bank of England's base lending rate? Our team of independent experts have compared the best variable mortgages for you.
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Compare the Best Variable Rate & Tracker Mortgages

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Up to 3 products
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RateAPR CostMortgage TypePeriodMax LTVERCSearch all
4497 mortgages

1.79%
 for Term
1.9% VariableTerm75%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £999 

1.89%
 for Term
2.0% VariableTerm80%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £999 

1.99%
 for Term
2.1% VariableTerm65%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £300 

2.55%
 for Term
2.6% VariableTerm85%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £300 

2.99%
 for Term
3.1% VariableTerm85%NoneDetails...
Go to Site
 
  Product Fee: Arrangement £950 

3.69%
 for Term
3.8% VariableTerm90%NoneDetails...
Speak to an Adviser
 
  Product Fee: Arrangement £300 
  Sponsored Products  

1.34%
Reverting to 4.99%
4.5% Variable31/07/201775%To 31/07/2017Details...
Go to Site
 
  Product Fee: Completion £845, Arrangement Administration £130 

1.29%
Reverting to 3.99%
3.8% Variable31/10/201760%To 31/10/2017Details...
0808 274 5506
 
  Product Fee: Arrangement £1995, Completion £265 

2.19%
Reverting to 4.00%
3.8% Variable30/09/201760%To 30/09/2017Details...
0800 068 8512
 
  Product Fee: None 

0.99%
Reverting to 3.94%
3.6% Discounted Variable31/07/201760%To 31/07/2017Details...
0800 077 4178
 
  Product Fee: Booking £1499 

3.14%
 for Term
3.3% VariableTerm70%NoneDetails...
Go to Site
 
  Product Fee: Arrangement £849, Booking £150 
Compare
Last Updated: Wednesday 1 July 2015 01:19

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to apply via Moneyfacts.co.uk today. Products shown with a yellow background are sponsored products.

Disclaimer:
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from individual lenders. Loans are subject to status and valuation and are not available to persons under the age of 18. All rates are subject to change without notice. Please check all rates and terms with your lender or financial adviser before undertaking any borrowing.
 

What you should know about Variable Rate Mortgages

There are several types of variable rate mortgages, including standard variable, discounted rate and tracker rate. The interest rate you pay on all of these can go up as well as down. Although they do not offer protection from future rate increases, they will allow you to benefit from cheaper payments when interest rates are low.

Some lenders offer tracker rate mortgages. These rates move up and down (or track) in line with changes to the Bank of England base rate, meaning that your payment can fluctuate as well.

Most lenders offer a standard variable rate mortgage (SVR). The fees associated with taking out, or remortgaging from, an SVR mortgage are often relatively low. This is because many have low set-up costs and no early repayment charges. Unlike a tracker, an SVR is set arbitrarily by each individual lender, so your rate may increase or decrease by a different amount to the Bank of England base rate.

Discounted rates are another form of variable rate mortgage; we have a separate best buy table for these here, or a specialist table for first time buyers.

When you look at our best buys, you will see that we have selected products from across different loan-to-value tiers in order to give a wide overview of what’s available.

However, if you can’t find a product that’s right for you don’t worry – you can use our quick and easy mortgage search to access a more comprehensive list of mortgages.

 

 
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Our partner, Premier Financial Group will search the market and advise you on the best residential or buy to let mortgage deal to meet your needs.
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For more information on Premier Financial Group and the mortgage advice service please click here.

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