Cheapest Tracker Mortgages Now Available: What Homeowners Need to Know

Wednesday, Mar 18, 2026 5:28 am ET1min read
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Tracker mortgage rates have become the cheapest on the market due to banks hiking fixed deals above 4%. The lowest two-year tracker deal is 3.94% offered by Nationwide, with Halifax, Lloyds Bank, and HSBC also offering sub-4% tracker deals. Tracker mortgages follow the Bank of England base rate plus a certain percentage and often come without early repayment charges.

Cheapest Tracker Mortgages Now Available: What Homeowners Need to Know

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