I currently have a lifetime with tracker with Wollwich which tracks at 0.59% above the BOEBR. As you can imagine its quite nice at the moment! The only thing is I'm looking at moving house so I will have to remortgage etc. Am I likely to loose this rate and go back to the rate they have now when I remortgage or am I entitled to keep the existing amount I have (circa £77K at this rate)? The current mortgage is to a maximum of 60% of the property value (my property was worth £225K last year, not so sure now though!). I want to take this rate with me (afterall its a lifetime tracker) but are the chances of this very slim? I deally I would like to take out a buy to let on my exisiting property and take some equity of my existing flat to go towards a new property (down payment).
I'd appreciate any responses.