Woolwich launching dual mortgage loans by Finance News Bulletin

Woolwich launching dual mortgage loans - Published:14/09/07

The Woolwich are launching two new mortgage products to arrive at both the higher and lower segments of the mortgage market The two products are aimed at the unparalleled buyer sector, and the large loans sectorThe larger loans mortgage, sometimes called a VIP mortgage, is pitched at those borrowers who are looking for between £500,000 and £2 million mortgages This type of loan will extend to 85 per cent of property value, and path the base rate Because of the dimension of the loan it attracts an arrangement fee of almost £2,000The unparalleled buyer loan is a two-year fixed-rate mortgage set at 629 per cent, and a follower at base rate plus 095 per centThe head of mortgages at the Woolwich, Andy Gray, allegedly commented: "First time buyers are looking for complete stability if rates continue to rise and customers taking out better loans are looking for a competitive rate combined with the ultimate flexibility to allow them to reduce their mortgage as and when they receive large payouts such as bonuses"Woolwich launching dual mortgage loansNone of the in order on this website is intended to promote any specific mortgage manufactured goods or provide mortgage adviceThe sphere, with icon, it's mirror image and.

New mortgages launched by Woolwich - Published:24/11/06

Woolwich has introduced a new mortgage that is a combination of both fixed-rate and tracker mortgages in order to help clientele in the wake of the recent Bank of England base speed riseFixed for the first two years at a rate of 519 per cent, the Woolwich product switches to a tracker that is 019 per cent above the base rate in a move the lender sees as preservation the interests of customers from more interest rate increasesAndy Gray, skull of mortgages for Woolwich, commented: "Economists are divided over how much higher interest rates will go with many expecting one if not two further rises"This novel product allows borrowers, nervous about short term interest rate movements, to repair now to cover any short word hikes but then have the advantage of switching to a market most important lifetime tracker in two years which could have the advantage of tracking tax down if the interest speed situation takes a turn for the better"next to the launch of the Woolwich two-year fix followed by lifetime tracker is the foreword a buy-to-let mortgage that is a lifetime follower plus 049 per cent above the base rateWoolwich offer a variety of mortgages to cater for first-time-buyers, home movers, existing clientele and re-mortgagers and interest rates are.

Woolwich and Legal & General launch exclusive mortgages - Published:08/11/06

Legal & General mortgage association has teamed up with Woolwich to offer clientele two exclusive mortgage dealsA tracker that lasts for the term of the mortgage provides an interest rate of 514 per cent, while the buy-to-let three-year follower comes with an interest rate of 543 per centThe tracker for term can be purchased for up to 90 per cent of the loan to assessment (LTV) and the three-year buy-to-let tracker is available up to 75 per cent of the LTVProduct advertising manager for the Legal & General Mortgage Club Martyn Smith declared: "Our tracker for term elite from Woolwich is perfect for borrowers looking for extended term value Set-up expenses are low and with no early repayment charge, borrowers are not tied in should their circumstances alter""With a low arrangement fee of just £195, our new buy-to-let elite from Woolwich is also ideal for collection landlords," he addedWoolwich Openplan tracker waives both the arrangement fee and early refund charge, whereas the three-year buy-to-let charges an agreement fee of £195 and the near the beginning repayment charge is set at six months.

Woolwich launching dual mortgage loans by Finance News Bulletin

Published: 14/09/07

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Woolwich launching dual mortgage loans - Published:14/09/07

New mortgages launched by Woolwich - Published:24/11/06

Woolwich and Legal & General launch exclusive mortgages - Published:08/11/06