5 Year Tracker Remortgages

5 Year Tracker Remortgages – 5 year tracker remortgages are remortgages that offer a tracker rate for the first 5 years of the mortgage. 5 year tracker remortgages usually move on to the lender’s standard variable rate after this 5 year period. During the 5 year tracker rate period, the interest rate on the remortgage will usually follow the Bank of England base rate.

There can be a number of advantages to securing 5 year tracker remortgages. If rates fall, 5 year tracker remortgages can be highly competitive, as the lender must follow base rate. Variable rates, on the other hand, may not fall as quickly and depend on wider market conditions. Even if base rates are unlikely to fall, 5 year tracker remortgages may offer competitive rates, as the borrower is taking on the risk of future rate rises.

At Capital Fortune, we have substantial experience arranging 5 year tracker remortgages for clients with a range of needs and requirements. We undertake a whole of market mortgage search on behalf of clients, identifying which 5 year tracker remortgages are cost effective and competitive. Our personalised service ensures we recommend 5 year tracker remortgages that are affordable and suitable for your individual circumstances. Our service continues after you have secured your 5 year tracker remortgage, as we will check that you are still on the best deal when your package is eligible for renewal.

Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online . As part of our service, we will call you back.

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Contact Us

Capital Fortune
City Office

14 Nicholas Lane
London
EC4N 7BN

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

The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.

There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.

The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.

Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital FortuneLtd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.