Standard Life Bank enters tracker market

The Freestyle Tracker product range will be available from 30 July and comes with all the features of Standard Life Bank’s discount and fixed rate products. Aside from the usual payment holidays, offsetting and overpayments features, the Freestyle Tracker also allows customers to borrow back any overpayments at their current tracker rate. There are two products in the range, both of which are available for a maximum of 75% LTV. The standard tracker features a £799 arrangement fee and tracks the Bank of England base rate at -0.01%. The low rate tracker has a £1999 arrangement fee and...