Best tracker first time buyer mortgage rate tables, updated daily for the most up to date ftb mortgage rates available in the UK. Our best buy first time buyer mortgages below are the lowest tracker rate mortgages in the market with early redemption penalties. If you have any questions about the mortgage schemes below please contact us with any queries.
Compare current tracker mortgage rates for a £200,000 property with a £100,000 repayment mortgage, representing 50% LTV.
Lowest current 2 year tracker mortgage based on 50% LTV: 4.24% (Max LTV 60%) with a £1,499 product fee. Lowest current 2 year tracker mortgage without a product fee based on 50% LTV: 4.85% (Max LTV 65%) with no product fee. Lowest current 5 year tracker mortgage based on 50% LTV: 4.60% (Max LTV 60%) with a £999 product fee. Rates checked 12 November 2026.
Showing 10 out of 46 matching tracker mortgage rates.
| Lender | Initial Rate | Rate Type | Max LTV | Fees | APRC | Monthly Payment | More Information |
|---|---|---|---|---|---|---|---|
| Lender Halifax | Initial Rate 4.24% then 7.49% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £1,499.00 Product Fee | APRC 4.5% | Monthly Payment £540.66 Initial Monthly Payment | More Information More information |
| Lender Halifax | Initial Rate 4.24% then 7.49% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £1,499.00 Product Fee | APRC 4.5% | Monthly Payment £540.66 Initial Monthly Payment | More Information More information |
| Lender NatWest | Initial Rate 4.33% then 6.99% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £995.00 Product Fee | APRC 6.7% | Monthly Payment £546.23 Initial Monthly Payment | More Information More information |
| Lender Santander UK Plc | Initial Rate 4.33% then 6.5% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 6.1% | Monthly Payment £545.70 Initial Monthly Payment | More Information More information |
| Lender Nationwide BS | Initial Rate 4.34% then 6.74% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 6.5% | Monthly Payment £546.79 Initial Monthly Payment | More Information More information |
| Lender Santander UK Plc | Initial Rate 4.35% then 6.5% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £1,999.00 Product Fee | APRC 6.2% | Monthly Payment £546.82 Initial Monthly Payment | More Information More information |
| Lender Barclays Bank | Initial Rate 4.37% then 5.99% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 6% | Monthly Payment £547.95 Initial Monthly Payment | More Information More information |
| Lender HSBC | Initial Rate 4.4% then 6.24% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 6.1% | Monthly Payment £549.64 Initial Monthly Payment | More Information More information |
| Lender Nationwide BS | Initial Rate 4.42% then 6.74% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 6.5% | Monthly Payment £551.30 Initial Monthly Payment | More Information More information |
| Lender Barclays Bank | Initial Rate 4.42% then 5.99% variable | Rate Type Tracker for 2 years | Max LTV 60% | Fees £999.00 Product Fee | APRC 5.7% | Monthly Payment £550.76 Initial Monthly Payment | More Information More information |
Halifax Intermediary 2 Year Tracker £1499 Fee Purchase
Mortgage Summary
For the first 2 years the mortgage rate is 4.24% (until 31/03/2029) giving you a monthly payment of £540.66 .
After your tracker rate ends, you will move to the Halifax standard variable rate which is currently 7.49% . This would give you a monthly repayment of £721.90 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £16,737.48 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £1,499.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £0.00 |
| Valuation Fee | £100.00 |
| Total Fees | £1,599.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £540.66 |
|---|---|
| Ongoing Monthly Payment | £721.90 |
| True Cost Over Initial Period | £16,737.48 |
| Total Amount Repayable | £213,094.28 |
Halifax Intermediary FTB 2 Year Tracker £1499 Fee Purchase
Mortgage Summary
For the first 2 years the mortgage rate is 4.24% (until 31/03/2029) giving you a monthly payment of £540.66 .
After your tracker rate ends, you will move to the Halifax standard variable rate which is currently 7.49% . This would give you a monthly repayment of £721.90 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £16,737.48 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £1,499.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £0.00 |
| Valuation Fee | £100.00 |
| Total Fees | £1,599.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £540.66 |
|---|---|
| Ongoing Monthly Payment | £721.90 |
| True Cost Over Initial Period | £16,737.48 |
| Total Amount Repayable | £213,094.28 |
NatWest Intermediary 2 Year Tracker £995 Fee Purchase
Mortgage Summary
For the first 2 years the mortgage rate is 4.33% (until 28/02/2029) giving you a monthly payment of £546.23 .
After your tracker rate ends, you will move to the NatWest standard variable rate which is currently 6.99% . This would give you a monthly repayment of £694.10 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £15,773.21 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £995.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £30.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,025.00 |
| Early Repayment Charge | Yes |
Repayments
| Initial Monthly Payment | £546.23 |
|---|---|
| Ongoing Monthly Payment | £694.10 |
| True Cost Over Initial Period | £15,773.21 |
| Total Amount Repayable | £205,262.51 |
Santander UK Plc 2 Year Tracker £999 Fee Purchase
Mortgage Summary
For the first 2 years the mortgage rate is 4.33% giving you a monthly payment of £545.70 .
After your tracker rate ends, you will move to the Santander UK Plc standard variable rate which is currently 6.5% . This would give you a monthly repayment of £665.97 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £14,320.80 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £0.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,224.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £545.70 |
|---|---|
| Ongoing Monthly Payment | £665.97 |
| True Cost Over Initial Period | £14,320.80 |
| Total Amount Repayable | £198,128.52 |
Nationwide BS FTB 2 Year Tracker £999 Fee
Mortgage Summary
For the first 2 years the mortgage rate is 4.34% giving you a monthly payment of £546.79 .
After your tracker rate ends, you will move to the Nationwide BS standard variable rate which is currently 6.74% . This would give you a monthly repayment of £680.73 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £14,136.96 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £15.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,014.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £546.79 |
|---|---|
| Ongoing Monthly Payment | £680.73 |
| True Cost Over Initial Period | £14,136.96 |
| Total Amount Repayable | £202,018.44 |
Santander UK Plc 2 Year Tracker £1999 Fee Large Loan Purchase
Mortgage Summary
For the first 2 years the mortgage rate is 4.35% giving you a monthly payment of £546.82 .
After your tracker rate ends, you will move to the Santander UK Plc standard variable rate which is currently 6.5% . This would give you a monthly repayment of £666.05 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £15,347.68 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £1,999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £0.00 |
| Valuation Fee | Free valuation |
| Total Fees | £2,224.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £546.82 |
|---|---|
| Ongoing Monthly Payment | £666.05 |
| True Cost Over Initial Period | £15,347.68 |
| Total Amount Repayable | £199,177.48 |
Barclays Bank 2 Year Tracker £999 Fee Purchase Premier C/A No ERC
Mortgage Summary
For the first 2 years the mortgage rate is 4.37% giving you a monthly payment of £547.95 .
After your tracker rate ends, you will move to the Barclays Bank standard variable rate which is currently 5.99% . This would give you a monthly repayment of £636.79 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £14,254.80 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,104.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £547.95 |
|---|---|
| Ongoing Monthly Payment | £636.79 |
| True Cost Over Initial Period | £14,254.80 |
| Total Amount Repayable | £190,008.84 |
HSBC Intermediary 2 Year Tracker £999 Fee Purchase Standard
Mortgage Summary
For the first 2 years the mortgage rate is 4.4% giving you a monthly payment of £549.64 .
After your tracker rate ends, you will move to the HSBC standard variable rate which is currently 6.24% . This would give you a monthly repayment of £651.23 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £14,207.36 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £17.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,016.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £549.64 |
|---|---|
| Ongoing Monthly Payment | £651.23 |
| True Cost Over Initial Period | £14,207.36 |
| Total Amount Repayable | £193,946.84 |
Nationwide BS FTB 2 Year Tracker £999 Fee Cashback
Mortgage Summary
For the first 2 years the mortgage rate is 4.42% giving you a monthly payment of £551.30 .
After your tracker rate ends, you will move to the Nationwide BS standard variable rate which is currently 6.74% . This would give you a monthly repayment of £681.09 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £13,745.20 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £15.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,014.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £551.30 |
|---|---|
| Ongoing Monthly Payment | £681.09 |
| True Cost Over Initial Period | £13,745.20 |
| Total Amount Repayable | £201,726.04 |
Barclays Bank 2 Year Tracker £999 Fee Purchase No ERC
Mortgage Summary
For the first 2 years the mortgage rate is 4.42% giving you a monthly payment of £550.76 .
After your tracker rate ends, you will move to the Barclays Bank standard variable rate which is currently 5.99% . This would give you a monthly repayment of £637.00 .
The maximum Loan to Value (LTV) is 60% for this mortgage. Your LTV is 50% based on the figures you have entered.
The true cost of this mortgage over the initial period is £14,322.24 , this includes all fees and payments. This is a good way to compare mortgages of the same initial period.
Fee Breakdown
| Product Fee | £999.00 |
|---|---|
| Booking Fee | £0.00 |
| Telegraphic Transfer Fee | £25.00 |
| Valuation Fee | Free valuation |
| Total Fees | £1,104.00 |
| Early Repayment Charge | No |
Repayments
| Initial Monthly Payment | £550.76 |
|---|---|
| Ongoing Monthly Payment | £637.00 |
| True Cost Over Initial Period | £14,322.24 |
| Total Amount Repayable | £190,134.24 |
Your home may be repossessed if you do not keep up repayments on your mortgage
The APRC quoted is representative and for example purposes, it is based on a £200,000 property with a £100,000 loan over 25 years equating to 300 monthly payments. Best buys are based on the Go Direct representative whole of market panel of lenders.
Once you compare the first time buyer tracker mortgage rates if would like first time buyer mortgage advice, complete our mortgage enquiry form and we will contact you to discuses your mortgage requirements. We normally do not charge a fee for mortgage advice, however this is dependent on your circumstances such as complex cases or debt consolidation. Our typical fee would be £399.
The above information does not contain all the details you need to choose a mortgage. Please consult a qualified advisor before undertaking any borrowing/these calculations are for illustration purposes only and may not reflect the true cost of repayment.
