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Base Rate Tracker

The base rate tracker, as the name indicates tracks the movements of the Bank of England base rate. This means that in principle your interest rate will increase or decrease by exactly the same percentage change as that of the The Bank of England base rate.

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With this type of rate, you tend to know exactly how much your rate will be effected by when the Bank of England makes an announcement. Usually the lender will offer the initial rate as a percentage above, equal to or even a percentage below the Bank of England base rate.

This type of rate is also generally offered over an initial period and may have early redemption charges associated.

To find out more about your mortgage options and to review your requirements, tap in to our expertise by contacting our consultants today. You are not in any way obliged to proceed and we will inform you fully BEFORE proceeding with any lenders.

© 2007  FBD Associates Limited. All Rights Reserved.© 2007  FBD Associates Limited. All Rights Reserved.Registered in England, Company No. 04657755.Registered in England, Company No. 04657755.FSA Number 231171.

FBD Associates Ltd is an appointed representative of The Whitechurch Network Limited which is authorised and regulated by the Financial Services Authority.FBD Associates Ltd is an appointed representative of The Whitechurch Network Limited which is authorised and regulated by the Financial Services Authority.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.