Lifetime trackers

The Woolwichis launching a lifetime tracker range which includes a offset deal at 0.59% above base rate.

Alongside the offset deal it will provide fixed rate mortgages with built-in lifetime tracker facilities.

Andy Gray, head of mortgages for The Woolwich, says: “There is a demand for long-term lifetime tracker deals and we want to guarantee a competitive rate on offsets, plus fixed rate mortgages that offer lifetime value when they revert to a tracker.”