Tracker Mortgages

A tracker mortgage “tracks” or follows a pre-determined base interest rate (such as the Bank of England Base Rate).  The repayments on your mortgage will then go up or down in line with changes to the base rate to which it is linked.

With this type of mortgage you should always make sure you know exactly which base rate the repayments are tracking as this may not always be the Bank of England’s rate.  Some lenders use their own base rate or they may use an alternative index – such as the London Interbank Offered Rate (or “LIBOR”)

which is the interest rate which some banks and financial institutions use when lending money to each other.  

Ocean Money are a specialist lender and we are able to assist people in a wide range of circumstances.  We are also a part of the Ocean Finance and Mortgages Group.  If you enquire about a mortgage from us, a qualified mortgage adviser from Ocean Mortgages will search the products available from their lender panel (which includes products from high street mortgage lenders) to ensure you end up with a suitable product.  You will receive help and advice throughout the mortgage process, and any offer made places you under no obligation to proceed.

Existing Ocean Money Customers

If you already have a secured loan with Ocean Money and you are looking to raise additional finance then you may want to consider taking out a further advance.

A further advance will use further equity within your home as security against your loan.  You can use an Ocean Money loan for almost any purpose; you may want to consolidate some existing debts, purchase a new car or undertake some home improvements.   

Simply click on the link below to complete an enquiry form and one of our experienced underwriters will contact you to discuss this further.

As an existing customer you can also use our website to make repayments on your loan.  Click on the Make Repayments link and you will be able to make a repayment on your loan safely and securely. 

New Customers

Ocean Money is a specialist UK lender offering an extensive range of home owner loans and remortgages to suit your individual circumstances. We are members of the Council of Mortgage Lenders (CML) and Finance & Leasing Association (FLA) and we adhere to their lending codes.

If you are a new customer and you are interested in arranging either a remortgage or a secured loan then click on one of the links below and complete a no obligation enquiry form. All enquiries will be passed to the Ocean Finance and Mortgages group who will arrange for one of their experienced underwriters or mortgage advisers to contact you without obligation and discuss your enquiry further.

Ocean Mortgages from £10,000 to £750,000 5 to 25 Years  Enquire Online  No Obligation Free Quotes

Ocean Homeowner Loans from £5,000 to £100,000  3 to 25 Years  For Any Purpose Loans For people from all walks of life

Ocean Money is a specialist UK lender offering an extensive range of homeowner loans and remortgages to suit your individual circumstances.  Ocean Money is part of the Ocean Finance and Mortgages Limited Group and could help you raise money for virtually any purpose including home improvements, debt consolidation, car finance, holiday or a special occasion.

As a member of the Ocean Finance & Mortgages Limited Group – the UK’s leading finance broker, Ocean Money are registered members of both the Council of Mortgage Lenders and the Finance & Leasing Association and adheres to their Lending Code.  Ocean Finance & Mortgages Limited Group can help people arrange finance in various situations with our large selection of loan and mortgage plans.

Ocean Money provides loans & mortgages to meet your circumstances.  As a member of the Ocean Finance & Mortgages Limited Group, we can give you access to funds directly from Ocean Money whilst you can still get products from any other lender from the wider Ocean Group.