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by robga
1512 days ago
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Not only that, it’s popular to get “tracker” mortgages. It’s the Bank of England base rate plus a fixed rate. So it’s never actually fixed. My “Lifetime Tracker” is BOE+1.29% for 25 years. So it’s varied from 1.39% to 2.04% total charge in the last 10 years. If you bought a lifetime tracker today it would be BOE+2.7%. 20 years ago they were as good as BOE+0.25% |
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