However, he added that while the availability of the products is not a problem, home buyers should only really consider the mortgage type if their starting point is good.
"Because of the services a tracker provides, in that you're guaranteed to have your rate move in line with the Bank of England rate, as opposed to being at the mercy of your lender, I think that now trackers are really coming into their own," he said.
"We have seen over the last few years that there is always a proportion of lenders who do not move their rate in line with the Bank's rate."
The Press Association recently reported that only eight mortgage lenders in the UK have lowered their rates following the Bank of England's reduction in its rate by a quarter of a per cent.
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