Tracker Mortgages UK
Welcome to episode six of the "Mortgages Explained" playlist, this video is focusing on Tracker Mortgages and how they work.
A Tracker Mortgage is basically a variable mortgage, this means that your payments are based off the Standard Variable Rate. It is more than likely that the rate will go up and down which will also mean that your payments will too. Malcolm is going to explain what Tracker Mortgages are and the pros and cons that come with them.
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All views are purely that of Malcolm Davidson & do not constitute professional mortgage advice. Moneyman TV provides video coverage of the Mortgage Industry with the purpose of informing the consumer. Topics covered refer to popular mortgage situations presented by real customers on a regular basis, including First-Time Buyers, Remortgages, Home Movers and more.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.
