Woolwich mortgage availability issues are finally addressed.
After Woolwich mortgage availability issues came to light last month new products were launched to re-address problems with the lender's mortgage distribution.
New Woolwich mortgage products launched included various 3 year fixed rate mortgage deals at different LTV levels, rates and with differing fee structures.
Woolwich have now gone a step further to help brokers such as Deal Direct gain access to the most competitive rates on offer by revamping their online mortgage booking system.
Deal Direct previously highlighted the problems experienced through the Woolwich releasing a fixed tranche of mortgage funding at midnight each night. To gain access to the best offers for clients, our advisers were frequently burning the midnight oil only to discover the best rates were gone as soon as they were released.
As a means of addressing this problem the Woolwich's case booking system has been revamped. Deal Direct can now reserve the best rates by securing funding online from 10am each day. The lender is also to split single tranche funding into residential mortgage and buy-to-let cases which should further remove funding limits.
For the most competitive Woolwich mortgage rates on offer contact Deal direct and we will source for you the best deal tailored to your circumstances.
