Tracker mortgage holders ‘£9bn better off next year’
New research has suggested that homeowners with tracker mortgages could collectively be up to £9 billion better off by next Christmas.
The study by price comparison site Uswitch.com has said that over half a million tracker mortgage customers have taken advantage of the recent Bank of Englandbase rate cuts by overpaying on their mortgages by up to £260 per month.
The site claims that this could reduce the mortgage duration Read more