Standard Variable versus Tracker

[lettermac]

Hi,

Am I correct in saying that there is a difference between standard variable and tracker mortgage rates. TYpically, the std variable is higher than the tracker??

If that is the case, can I switch from the variable to the tracker rate? Can UB not allow this? Is there any benefit at all staying on the std variable rate?

Many thanks,

 

[elcato]

Discussed here recently. Regarding changing, this is entirely up to the institution but in most peoples experience here, a threat to take business elsewhere has worked as regrads changing from a std var to tracker and vica versa. Please keep any further discusions in that thread as I'm closing this one as a duplicate.