Woolwich mortgage rate change
Changes to Woolwich mortgage rates have been set against a background of competition and market changes. Woolwich have re-priced their mortgage range with a new range of products which were launched on 21 December 2011 ready for 2012.
The lender has launched its new 2 year fixed rate mortgage deal for 70 per cent LTV at 3.49 per cent and re-priced the rate for 80 per cent LTV to 3.94 per cent. The new fixed rate deals come with no fees.
The Woolwich mortgage rate for a 2 year fixed rate remortgage has also been re-priced at 3.49 per cent for 70 per cent LTV, and 3.94 per cent for 80 per cent LTV. There is a minimum loan value of £50,000 and £375 cash back to borrowers. Woolwich have also launched a new 5 year fixed rate mortgage deal, their new 5 year deal offers 4.29 per cent on 60 per cent LTV and has a £499 fee.
Woolwich mortgage rates for buy to let purchases can also be found on the list of products that have have been newly launched or re-priced. The lender has launched a new Buy to let 2 year fixed rate mortgage at 3.98 per cent for 60 per cent LTV with a £50,000 minimum loan value.
