Woolwich cuts product rates

Woolwich is cutting rates on its fixed rate and lifetime tracker mortgages. Its three-year fixed rate deals start at 5.54% while five and 10-year products are available from 5.64%. All have a maximum LTV of 60% with a £995 fee. It has also launched a three-year fixed rate at 5.84% and a two-year fix at 5.99% available to 75% LTV.