mortgages

a straightforward mortgage that tracks the Base Rate for the duration of the loan, while giving you the flexibility to overpay whenever you like.

• tracks the Bank of England Base Rate for the life of the mortgage
• you can make unlimited overpayments
• you can borrow over terms of between 2 and 40 years
• reduced rate when you borrow over £200,000
• see our latest mortgage offers
• no early repayment charges.

The life tracker mortgage is a simple, straightforward capital repayment mortgage which must be repaid over a pre-agreed term and which tracks the Bank of England Base Rate for the duration of the loan. So if interest rates fall, so do your payments. Likewise, should they rise, your payments would increase.

You simply set up a monthly standing order from a nominated first direct 1st Account to cover the capital and interest repayments.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.