Woolwich temporarily pulls 70% LTVs
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Woolwich, the mortgage arm of Barclays, is temporarily withdrawing the majority of its 70% LTV deals in order to manage service levels.
Fixed rate deals being withdrawn include the two-year fix at 3.79% with a £999 fee, the three-year deal at 4.49% with a £999 fee, and a five-year product at 5.49% with a £999 fee.
The lender is also withdrawing its lifetime tracker at Bank of England base rate plus 2.79% with no fee, and its offset tracker at base plus 2.39% which has a £1,499 fee.
Brokers wanting to apply for withdrawn products have to get applications into Woolwich by 9pm on March 3.
A new range of products will go live tomorrow.
