We are fully independent mortgage broker and part of Charcol who arrange as many mortgage broker deals as a top 5 building society and has over 25 years of mortgage broker experience. Each mortgage broker relies on the lender to decide what SVR they will charge. Although this is set taking account of interest rates generally and based on how competitive they want their SVR to be with other lenders it is not specifically related to any other interest rate. Although lenders normally change their SVR as a result of Bank Base Rate changes they don t always change them by the same amount. Mainly as a result of this tracker rates from a mortgage broker have become more popular and many lenders and mortgage broker now offer at least one tracker mortgage.
Mortgage broker requires that loans are secured on property.
Insurance may be required. Loans subject to status, type and value of property.