The Woolwich have releaed a unique tracker mortgage that can also be converted into a fixed rate deal at the drop of a hat.
The group's 'Track & Track Again' product, tracks 0.26 per cent below the base rate for the first year of the agreement and 0.39 per cent above for the next two.
Consumers can also switch to a fixed or capped rate agreement at any point, offering brilliant levels of flexibility.
A spokesperson for the Woolwich commented, "With many borrowers coming off very low fixed rates and tracker rates in the market generally moving higher, this product offers customers the opportunity to take advantage of an initial low tracker."