Best mortgage rates, remortgage deals,  equity release schemes
Impartial-Independent-Mortgage Advice

Site Search:

Add to Favorites - Compare mortgage ratesMortgage Update Newsletter

0800 801079


mortgage quote, remortgage quote, equity release quote Search mortgages

New mortgage rates from the Woolwich

New mortgage rates from the Woolwich
The Woolwich have today announced the launch of a new market leading lifetime tracker rate for those who wish to borrow up to 60% of the value of their property. The new rate will track at 0.69% above the Bank of England base rate for the life of the loan, and is available for both those wishing to purchase a home and those wishing to remortgage from another lender. The scheme has an arrangement fee of £995 which can be added to the loan, and there are early repayment penalties of 1% of the loan for repayments of more than 10% of the capital within the first three years.

At the same time, Woolwich have taken the opportunity to lower rates on three of their current fixed rate schemes. With effect from tomorrow, the 6.49% three year fixed rate will be repriced to 6.29% and the 6.39% five year fixed will also be set at 6.29%. The ever popular ten year fixed rate at 6.29% will be reduced to 5.94%, and all schemes will continue to bear a £995 arrangement fee. As with the schemes these replace, loans are available for up to 60% of the value of the property.


Follow the link for information on the
Best Mortgage Rates available
 

Related Articles

HomeBuy Direct offers housing hope

As Christmas approaches, there could be the tiniest glimmer of hope for the housing market in the Ne...
Published: 16-Dec-2008

Lenders make house price crash worse

According to the Royal Institute of Chartered Surveyors, it is the banks and mortgage lenders who ar...
Published: 10-Dec-2008

Banks Squeal Under Government Pressure

In a report published yesterday, the Council of Mortgage Lenders has tried to fight back against gov...
Published: 10-Dec-2008

Rate cuts have limited success

The Council of Mortgage Lenders have released statistics showing a slight increase in the level of m...
Published: 20-Nov-2008

Two year fixed rates tumble

Announcements from both the Abbey and Alliance & Leicester would seem to indicate that attempts by t...
Published: 12-Nov-2008

Sign up for our eNewsletter

French, Spanish and overseas residential mortgages


Latest News:

HomeBuy Direct offers housing hope
As Christmas approaches, there could be the tiniest glimmer of hope for the housing market...
Published: 16-Dec-2008

Lenders make house price crash worse
According to the Royal Institute of Chartered Surveyors, it is the banks and mortgage lend...
Published: 10-Dec-2008

Banks Squeal Under Government Pressure
In a report published yesterday, the Council of Mortgage Lenders has tried to fight back a...
Published: 10-Dec-2008

Rate cuts have limited success
The Council of Mortgage Lenders have released statistics showing a slight increase in the ...
Published: 20-Nov-2008

Rss News Feeds

Mortgage News Feed

Best Mortgage Rates, Equity Release Schemes, Remortgage Deals, First Time Buyer Mortgages