New Mortgage Guides

Other Mortgage Guides

Mortgage Types

Mortgage Tools

Financial Services > Mortgages > Mortgages News

John Charcol launches new offset tracker mortgage

Bookmark and Share

Mortgage provider John Charcol has announced the launch of a new offset tracker mortgage for large loans.

The mortgage tracks at 0.51 per cent below the Bank of England base rate, which the company states is the best clean rate on the market.

John Charcol also claims that the mortgage product is unique, as it is a two-year tracker deal which has no premium for the offset feature.

Although the mortgage has a fee of �2,499, the company claims that it is the best mortgage available for loan over �300,000.

Ray Boulger, senior technical manager at John Charcol, comments: Even with a larger than average fee of �2,499, the mortgage is still tremendous value for those with large loans .

With more and more mortgages of this size, these types of deal will become increasingly popular as people look to make their money work for them.

The minimum loan available on the deal is �200,001, while the maximum loan-to-value is 85 per cent up to �2 million, or 75 per cent up to �5 million.

The Bank of England recently raised interest rates by 0.25 per cent, which will lead to rises in payments for tracker mortgages .

Bookmark and Share

Recommended Links

Copy and Paste the following HTML into your page.

Receive Mortgage Advice from a Regulated Advisor

Mortgage advice

There is no better time to be seeking suitable mortgage advice from a Regulated mortgage advisor

Submit your details today for an obligation-free chat and a regulated mortgage advisor will call you back to help you find the mortgage that best fits your needs.

We will only provide your details to one regulated advisor.

Your mortgage

 * Help
 * Help
 * Help

About you


Questions marked with * are required

Please be aware that the advisor who contacts you will be a third party advisor who has no connection with us. There is no charge to you for using this service. We are paid by charging your assigned advisor a fee for this service. Any advice or assistance given to you by a third party advisor does not represent our advice or assistance and is not checked or endorsed by us. It is your decision whether or not you act on any advice or assistance you are given.

By clicking “Proceed” you confirm that:

  • You accept our Terms of use and
  • You would like to be contacted by a regulated third party advisor to discuss your needs.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Financial Services Net Limited and other trusted 3rd parties would like to keep you advised via e-mail or telephone of products, services and other exciting offers we think may interest you. Please untick this box if you do not consent to us contacting you for further information.

news news rss
Mortgages News

Huge rise in number of cheap five-year fixed-rate mortgages

All hail the return of the 100% mortgage

Spare bedroom 'could slash mortgage by 29 months'

Mortgage lenders

Browse mortgage lender offersMortgage Rates by Lender

  • Browse current mortgage offers from over 90 lenders.

Worried about mortgage repayments?Worried about Mortgage Repayments?

  • Join our petition to Government to bail out burdened individuals, not just banks.

Free mortgage quoteFree Mortgage Quote

Mortgages in Scotland Mortgages in Scotland

Equity releaseEquity Release

  • Unlock equity in your home.

Switching mortgagesSwitching Mortgages

Home reversion plansHome Reversion Plans

Commercial mortgages Commercial Mortgages

  • Commercial property loans
  • Starting a business?

Arrears & CCJs?

  • Remortgages
  • Sub prime mortgages
  • Arrears, CCJs
  • Self certification
  • Debt consolidation

Protect your mortgageProtect Your Mortgage

  • 3 months free mortgage protection cover

Mortgage Newsletter