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Is this as good as it seems?

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Forgive me if I'm asking stupid questions, but I'm new to all this mortgage stuff, and getting my head around a lot of new info very quickly!

I want to borrow £48-63K, and and will have a deposit of £70-77K.

My own bank is offering the deal below. It seems like a good one to me... Am I likely to find anything better?


Current Account Exclusive Lifetime Tracker

Bank of England Base Rate plus 2.39%, currently 2.89% variable for the life of the mortgage.

The overall cost for comparison is 3.0% APR.

Minimum loan amount for purchase or remortgage applications is £25,000


Fees: No arrangement fee
Charges and extras:
Early repayment charges apply for the first 3 years after completion
Valuation and solicitors' costs will apply
Cost of first standard valuation and solicitors' costs, including compulsory disbursements paid by The Bank if you're remortgaging

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