View more on these topics

The Woolwich to launch lifetime tracker range

The Woolwich is launching a lifetime tracker range which includes a offset deal at 0.59% above base rate (currently 5.09%) on November 2.

Alongside the offset deal it will also provide all new fixed rate mortgages with a built-in lifetime tracker to give borrowers a guarantee for life after their fixed rate period ends.

Andy Gray, head of mortgages for The Woolwich, says: “There is more demand now for long-term lifetime tracker deals and we are leading the market to guarantee an extremely competitive mortgage rate on offset, plus a range of fixed rate mortgages that offer life time value when they revert to tracker, so customers get the best of both.”


Taxbriefs launchs business tool for advisers

Taxbriefs has launched a business tool for professional advisers called Mortgage Report Wrtier. The computer-based system provides advisers with access to mortgage documentation presented in a clear and concise format that can be handed straight to the client. All the options, benefits and potential risks that an adviser needs to explain are set out in […]

Franchise plan extended

Mortgage Options is extending its package for brokers thinking of going it alone. The mortgage shop franchise package provides the opportunity to have day to day responsibility while working within an established business environment. Greenspan to go Alan Greenspan, chairman of the US Federal Reserve and once described as “the greatest central banker who ever […]

Lenders must exploit offset market potential

Lenders must make some strategic moves if they want to exploit the growth potential in current account and offset mortgages, says a report from Datamonitor. The report says the CAM and offset market was worth an estimated 29.2bn in 2004, up from 4.2bn in 2000 – a market share of 10%. The sector is predicted […]

Quantum to join Home of Choice

Quantum Mortgage Brokers is to resign its directly authorised status by applying to join the Home of Choice network. The decision to apply to become an appointed representative came after months of deliberation and at a time when the boutique brokerage is seeing a growth in business. Jonathan Burridge, managing director of Quantum, says: “We […]


News and expert analysis straight to your inbox

Sign up