Mortgage Compare
    Best mortgage rates · Residential · July 2026

    Best 5-year tracker remortgage rates, a long bet on a variable rate.

    One of the smallest corners of the remortgage market. When a 5-year tracker remortgage exists, it’ll be here — re-ranked nightly from our lender data ingest.

    40+ lender product books Fee & no-fee best buys No signup, no credit check Refreshed nightly
    Refreshed nightly — rates as of 13 July 2026
    Loan to valueLTV = loan ÷ property value. A £50k deposit on a £250k home is 80% LTV.
    LenderInitial rateMonthlyTracks untilThenProduct fee
    1
    B
    BarclaysBest rate    		4.75%£1,425on £250,0005 yrs5.74%£999Free legalsSee full deal →

    Monthly payments illustrated on a £250,000 repayment mortgage over 25 years; fees not added to the loan. Rates shown are for comparison — full lender criteria apply.

    A 5-year tracker remortgage combines two things that most borrowers treat as mutually exclusive: a long commitment and a floating rate. You’re staying on the product for five years, but your monthly payment moves with the Bank of England base rate throughout. When rates fall, that’s beneficial; when they rise, you bear the increase without the ability to exit cheaply. It’s a genuinely unusual combination, and the market reflects that — typically only one or two lenders offer a 5-year tracker remortgage at any time.

    The thin market has a practical consequence: there is no real comparison to be done. If a 5-year tracker remortgage is available, you’re essentially evaluating a single product rather than choosing between competing deals. That shifts the decision to a different question: is a 5-year floating rate the right structure at all, versus a 5-year fix that locks in certainty, or a 2-year tracker that gives similar base rate exposure with a much shorter commitment and far more lender choice?

    Other terms for remortgages

    2-year fixed ratesBest 2-year fixed deals for remortgages.3-year fixed ratesBest 3-year fixed deals for remortgages.5-year fixed ratesBest 5-year fixed deals for remortgages.10-year fixed ratesBest 10-year fixed deals for remortgages.2-year tracker ratesBest 2-year tracker deals for remortgages.3-year tracker ratesBest 3-year tracker deals for remortgages.

    5-year tracker for other borrowers

    First-time buyer 5-year trackerToday's best 5-year tracker deals for first-time buyers.Home mover 5-year trackerToday's best 5-year tracker deals for home movers.

    We ingest the data ourselves

    Most comparison tables license the same third-party panel. We build ours directly from lender product data, run through our own quality-assurance pipeline — so we sometimes list deals other sites miss.

    Refreshed every night

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    Frequently asked questions

    How these tables work, and how to choose between the deals on them.

    01What kind of borrower does a 5-year tracker remortgage suit?
    Borrowers who are genuinely comfortable with payment variability over a medium-term horizon — typically because they have significant income headroom above their mortgage payment, hold the view that rates will be lower over the period than today’s fixed deals imply, and want to avoid the commitment of a 5-year fixed rate. It is not a suitable structure for anyone who would struggle with a meaningful base rate rise, since there is no fixed ceiling and the product runs for five years.
    02Is there a cap on how high the rate can go on a 5-year tracker?
    Some tracker products include a rate cap — a ceiling above which the rate cannot rise regardless of base rate movements. Others are uncapped. A cap on a 5-year tracker is a significant product feature given the length of the commitment; check whether it’s included in the specific deal and at what level it sits. An uncapped 5-year tracker means your payment could theoretically rise substantially if base rate moves sharply upward at any point over the five years.
    03Are 5-year tracker remortgages ERC-free like most 2-year trackers?
    Not always, and this is where the 5-year tracker differs meaningfully from its 2-year equivalent. Some 5-year trackers carry ERCs on the same kind of sliding scale as a fixed deal; others are ERC-free. Given the longer term, the ERC question matters more — a 5-year commitment with a large early penalty is a very different product from one that lets you exit freely. Confirm the ERC structure before treating any 5-year tracker as a flexible holding position.
    04How does a 5-year tracker compare to a 5-year fix on a remortgage?
    A 5-year fixed remortgage locks your payment for the full term, regardless of what base rate does. A 5-year tracker gives the same duration commitment but with a payment that moves with base rate. Trackers often start lower than the equivalent fix, but that advantage disappears quickly if base rate rises. The fix is insurance; the tracker is a position on rate direction. Where payment predictability matters — as it often does on a remortgage — most borrowers prefer the fix.

    Work out which deal actually wins

    Fixed Term Comparison2yr vs 5yr — cost of certainty and break-even rate.Fee vs RateIs a £999 fee worth the lower rate on your loan?AffordabilityHow much could you borrow across 40+ lenders?

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