Woolwich increases tracker deals and offset LTV

Woolwich, the mortgages arm of Barclays Bank, have today announced an increase on the LTV on the lenders offset and tracker products, rising from 60% to 70%, as well as the introduction of a 85% LTV 3 year fixed deal.

Related topics:  Property
Warren Lewis
7th August 2009
Property

These changes and new products apply as of today (7th August 2009). Woolwich is also making a range of fixed rate deals avalible, which includes a 2 year fix at 4.29% at up to 70% LTV with a £999 fee.

The Bank is also offering a lifetime tracker at Bank base rate plus 2.74% and an offset tracker at Bank base rate plus 2.99%, which also have a 70% LTV and a £999 fee.

There is also a new 3 year fixed rate deal avaliable for purchases at 6.99%, 85% LTV and £999 fee, which is available for shared equity and ownership sales for a 85% maximum of the customer share.

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