News

Woolwich are withdrawing most of their 70% Loan to Value mortgage product range. This is a temporary measure which has been taken to ensure that they continue to maintain high levels of service following recent strong demand for their mortgage products.

Full details below:

What are they withdrawing?

Offset Tracker Rates

• Base +2.39% Offset Tracker, £1,499 fee, 70% LTV, Min Loan £200k

Tracker Rates

• Base +2.09% Lifetime Tracker, £1,499 fee, 70% LTV, Min Loan £200k
• Base +2.29% Lifetime Tracker, £999 fee, 70% LTV
• Base +2.79% Lifetime Tracker, £0 fee, 70% LTV, Min Loan £100k

Fixed Rates

• 3.79% 2 Yr Fixed Rate, £999 fee, 70% LTV
• 3.89% 2 Yr Fixed Rate, £199 fee, 70% LTV, Min Loan £100k
• 4.49% 3 Yr Fixed Rate, £999 fee, 70% LTV
• 4.59% 3 Yr Fixed Rate, £199 fee, 70% LTV, Min Loan £100k
• 5.49% 5 Yr Fixed Rate, £999 fee, 70% LTV

What is remaining?

Offset Tracker Rates

• Base +2.99% Offset Tracker, £999 fee, 70% LTV

Tracker Rates

• Base +2.49% Lifetime Tracker, £999 fee, 75% LTV, Max Loan £500k
• Base +2.99% Lifetime Tracker, £0 fee, 75% LTV, Min Loan £100k, Max Loan £500k

Fixed Rates

• 3.99% 2 Yr Fixed Rate, £999 fee, 75% LTV, Max £500k
• 4.09% 2 Yr Fixed Rate, £199 fee, 75% LTV, Min Loan £100k, Max Loan £500k
• 5.49% 2 Yr Fixed Rate, £999 fee, 80% LTV
• 5.89% 3 Yr Fixed Rate, £999 fee, 80% LTV
• 6.39% 3 Yr Fixed Rate, £999 fee, 85% LTV, Purchase Only
• 5.99% 5 Yr Fixed Rate, £999 fee, 80% LTV

Existing Customers rate Switching

• 4.09% 2 Yr Fixed Rate, £0 fee, 85% LTV, For Rate Switches Only

When is it happening?

Products withdrawn from sale/last KFI/last funds booking
Monday, 1 March 2010

New Product Range live
Tuesday, 2 March 2010

Last Applications on withdrawn products*
Wednesday, 3 March 2010

*MAX applications may be submitted up until 9pm Wednesday, 3 March 2010 but no support is available after 5pm.