Tracker mortgage rates today Every lender, updated nightly.
89 tracker deals from 8 UK lenders, from 4.08%. The lowest at every deposit, each lender side by side and what it costs a month, read from the lenders themselves on 12 November 2026.
- Lowest rate
- 4.08%
- Deals
- 89
- Lenders
- 8
- Read from their sites
- 12 Nov 2026
The lowest tracker mortgage rates by deposit
The lowest tracker rate published at each loan to value by the 8 lenders here that offer one. Only deals open to a new-build buyer are counted.
| Loan to value | Lowest rate | Lender and deal |
|---|---|---|
| 60% LTV40% deposit | 4.08% | Santander2 year tracker rate New Build Exclusive · £999 fee · home movers only |
| 75% LTV25% deposit | 4.20% | Santander2 year tracker rate large loan · £1,999 fee · home movers only |
| 85% LTV15% deposit | 4.30% | Santander2 year tracker rate · £1,999 fee · home movers only |
| 90% LTV10% deposit | 4.91% | Nationwide Building Society2 Year Base Rate Tracker · £999 fee · home movers only |
| 95% LTV5% deposit | 5.14% | Nationwide Building Society2 Year Base Rate Tracker · £999 fee · first-time buyers only |
Tracker mortgage rates by lender
Each lender’s lowest tracker rate with a 25%, 15%, 10% and 5% deposit. A lender’s name opens all of its rates.
| Lender | 75% LTV25% deposit | 85% LTV15% deposit | 90% LTV10% deposit | 95% LTV5% deposit |
|---|---|---|---|---|
 | 4.20%2-year tracker, £1,999 | 4.30%2-year tracker, £1,999 | 4.95%2-year tracker, no fee | No deal |
 | 4.38%2-year tracker, £995 | 4.66%2-year tracker, £995 | No deal | No deal |
 | 4.44%2-year tracker, £995 | 4.66%2-year tracker, £995 | 4.97%2-year tracker, £995 | No deal |
 | 4.45%2-year tracker, £999 | 4.60%2-year tracker, £999 | 4.91%2-year tracker, £999 | 5.14%2-year tracker, £999 |
 | 4.51%2-year tracker, £999 | 4.60%2-year tracker, £999 | 5.10%2-year tracker, £999 | No deal |
 | 4.52%2-year tracker, £999 | 4.75%2-year tracker, £999 | 5.06%2-year tracker, £999 | No deal |
 | 4.74%2-year tracker, £995 | 4.84%2-year tracker, £995 | 5.04%2-year tracker, £995 | 5.24%2-year tracker, £995 |
 | 4.74%2-year tracker, £995 | 5.09%2-year tracker, £995 | No deal | No deal |
What a tracker costs a month
The monthly repayment on a £300,000 home over 30 years at the lowest tracker rate for each deposit.
| Deposit | Loan | Rate | Monthly payment |
|---|---|---|---|
| 5% deposit£15,000 | £285,000 | 5.14%Nationwide Building Society | £1,554 |
| 10% deposit£30,000 | £270,000 | 4.91%Nationwide Building Society | £1,435 |
| 15% deposit£45,000 | £255,000 | 4.30%Santander | £1,262 |
| 25% deposit£75,000 | £225,000 | 4.20%Santander | £1,100 |
| 40% deposit£120,000 | £180,000 | 4.08%Santander | £868 |
Tracker mortgage rates: your questions
What is the lowest tracker mortgage rate today?
4.08%, Santander’s 2-year tracker at 60% LTV, with a £999 fee. With a 10% deposit the lowest is 4.91% (Nationwide Building Society). With a 5% deposit, 5.14% (Nationwide Building Society). The lowest rate is not always the lowest cost once fees count: the comparison works out both for your deposit.
How does a tracker mortgage work?
A tracker’s rate is Bank Rate plus a fixed margin, so the payment moves when the Bank of England changes Bank Rate. Each rate here is the lender’s own, already at today’s Bank Rate; many trackers have no early repayment charge, which the comparison’s More info shows deal by deal.
Where do these mortgage rates come from?
From each lender’s own website, read every night by NewHomeSearch: 11 UK lenders, their rates, fees, loan to value bands and early repayment charges exactly as they publish them for buying a home. We are not a broker, take no commission and rank nothing for payment, so every deal is shown on the same terms, sorted by its numbers. Rates change, and a lender decides who it lends to: check a deal with the lender before you apply.
Your next step
Compare every tracker for your price and depositHow we read the rates
- From each lender’s own website, every night. 8 UK lenders, read at 02:45 UTC; this page’s rates were read on 12 Nov 2026. Every rate links the page it came from.
- No broker, no commission, no paid placings. Nothing here is ranked for money, so every deal is shown on the same terms, sorted by its numbers.
- Only deals that lend on new-build homes. Every home on NewHomeSearch is a new build, so a deal its lender keeps from new builds is never shown.
- The sums done for you. Monthly payments, the true cost over the deal and the APRC are worked out with the lender’s own fees, in the comparison, for your price and deposit.
An illustration, not advice: rates change, and a lender decides who it lends to. Check a deal with the lender before you apply. How NewHomeSearch reads the lenders’ sites.