Freedom cuts tracker rates

This includes let-to-buy deals. A lifetime tracker and a two-year tracker have also been added to the range.

Key features include the following:

• Two-year self-cert tracker from 5.68%

• Three-year self-cert tracker from 5.63%

• Lifetime tracker (with 1 year ERC) from 6.18%

• Two-year tracker (with 1% completion fee) from 5.48%

All mortgages are available up to £1 million to 75% loan-to-value (LTV), £500,000 to 85% LTV and £300,000 to 90% LTV with no higher lending charges and a procuration fee of 0.5% is paid to brokers.

Freedom Lending marketing director, Mel Dring, said: “Although there is an expectation of a further rate rise in the near future which has fuelled demand for fixed rates, there is also a belief that we are now at the top of the current interest rate cycle and that rates may fall again over the medium term. Competitive trackers are therefore an excellent option for anyone who is willing to look beyond the next rate increase.

“Freedom Lending’s prime range has some excellent tracker deals on offer for borrowers seeking either full status or self-cert mortgages, including two-year, three-year and lifetime trackers.”