Hi there,

As far as i'm aware, tracker mortgages are one of the few products where you will most definitely get the rate cut, as otherwise the bank would be in breach of it's terms and conditions for your particular mortgage.

Hi,

I have a lifetime tracker mortgage with the Woolwich, in my agreement it says that it follows the Barclays Bank Base Rate (BBBR). I think it says on the website that the BBBR follows the Bank of England base rate, but this is not in my mortgage agreement.

Previously I have always benefitted (or suffered) from changes in the Bank of England base rate, but with all the talk of lenders not passing on rate cuts to their customers, is it possibly for Barclays/Woolwich to leave the BBBR rate where it is, and not move it in line with the Bank of England base rate?

Thanks,

Sophie