Woolwich cuts mortgage lifetime tracker rates
Share
Woolwich is tomorrow reducing rates on its tracker range by up to 0.20 percentage points.
The range includes lifetime trackers at up to 70% LTV at either 2.63%, Barclays base rate + 2.13, with a £999 fee or 2.99% without fee, and lifetime trackers at up to 75% LTV at 2.89%, Barclays base rate +2.39% with a £999 fee or 3.19% without fee.
Andy Gray, head of mortgages at Woolwich, says: “In general, tracker mortgages are getting huge amounts of attention because of the low, stable base rate environment over the last year. Our new rates in particular are outstanding – they’re very competitive, and should prove extremely popular.”
The mortgages are available at the same rates to both direct branch customers and via intermediaries.
If you enjoyed this article, sign up here to receive daily email updates from Mortgage Strategy and Follow @mortgagestrat
Readers' comments (1)
Anonymous | 19 Jan 2010 11:20 am
Don't use this lender much due to the fund booking like but good to see they are not dual pricing.
Unsuitable or offensive? Report this comment