Woolwich News Articles

woolwich ten-year fixed-rate for borrowers seeking stability - Published:06/12/07

Woolwich is launching a ten-year fixed-rate mortgage which it says promises borrowers stability in a unstable marketWoolwich head of mortgages Andy old contrasted the "long-term security" of the mortgage, with a 559 per cent interest rate, to the in...

Homeowners shun long-term mortgages - Published:18/10/07

Homebuyers are avoiding lasting fixed-rate mortgages even though the Government believes such deals would be high-quality for hard-pressed borrowers and help to create a more stable property marketplaceThe mortgage marketplace is shifting Get expert...

Woolwich mortgage to track and track again - Published:17/10/07

The fall in interest rates which has been widely forecast by analysts has prompted Woolwich to create its Track and Track Again manufactured goodsFor the first year this manufactured goods will track at 026 per cent below the base rate and for the n...

Cheaper Fixed-Rate Mortgages! - Published:26/09/07

Last week, in More Mortgage Rates Increase, I warned that, thanks to worldwide banking chaos, the cost of variable-rate tracker mortgages has been rising this month Indeed, in just a few days, five lenders raised their annual interest rates on these...

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Woolwich mortgages to tempt 'both ends of the market' - Published:23/09/07

Woolwich has launched two new mortgages which it claims will appeal to house buyers at both ends of the marketFirst-time buyers might be tempted by Woolwich's new two-year fixed speed offering of 629 per cent, which reverts to 095 per cent above the...

Woolwich fee-free lifetime tracker launched - Published:21/09/07

The mortgage offering comes with no request fees and is set at just 017 per cent above the base speed - giving a present payment rate of 592 per centAnother product introduced by the bank is its novel fix and track mortgage that will let customers t...

Woolwich mortgage 'offsets' swap rates - Published:20/09/07

Woolwich has launched a new mortgage to assist customers deal with the short-term hike in swap ratesThe group's fasten and track wrap up will offer customers a rate of 599 per cent at a fixed-rate for a period of a dayIt will then revert to a lifeti...

Mortgage cost climbs 150 per cent in 5 year period - Published:19/09/07

According to recent figures from the Woolwich, the cost of purchasing a house for first-time buyers has climbed by over 150 per cent over the last five years The cost, just £233 per month in 2002, has now soared to an standard of £586The Woolwich re...

Woolwich 10-year fixed mortgage launched - Published:17/09/07

Homeowners and house-hunters looking for a mortgage with a longer term of certainty might be interested in a new manufactured goods being launched by Woolwich tomorrowThe ten-year fixed-rate mortgage comes with an interest rate of 559 per cent, whic...

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 c...

Arrangement Fees Go Through The Roof - Published:13/09/07

As mortgage providers strive in the competitive environment to come into view to offer the most excellent deals they are keen to highlight a low headline rate of interest unluckily, in doing so, in recent years they have bumped up arrangement cost s...

How to beat rising mortgage rates - Published:12/09/07

Millions of homeowners face a summer upset as as their fixed mortgage deals, taken out two years before when interest tax were much lower, come to an end What can you do to lessen the painThis is Money has been named Financial Website of the day in ...

New fixed rate from the Woolwich - Published:11/09/07

New fixed speed loan deal from the Woolwich Woolwich has launched a mortgage that will fix borrowers' repayment expenses now but could see them fall if the Bank of England cuts the base rate radically next yearThis is Money has been named Financial ...

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Woolwich mortgage to 'ease fears' over interest rates - Published:10/09/07

Woolwich has launched a new mortgage intended to assuage borrowers' concerns about potential base rate increasesThe group's new fasten and track mortgage has been designed to be fixed at 539 per cent for a day, before reverting to a format which wil...

Expert claims first-time buyers struggling with mortgages - Published:05/09/07

UK first-time buyers are more and more burdened with the cost of their mortgages, new research has revealedThe latest Woolwich Affordability learn, which analyses the dilemma faced by borrowers, showed that some Londoners in their 20s now splash out...

Financial services provider unveils fix and track mortgages - Published:04/09/07

Banking customers who expect interest tax to drop over the next 12 months may be interested to learn about a new mortgage offering from Woolwich The financial services supplier has launched fix and path mortgages that are available with a maximum 80...

Woolwich release new buy to let mortgage - Published:03/09/07

Woolwich have released a new buy to let mortgage manufactured goods that will extend their established fixed-rate and follower buy to let mortgages in arrange to avoid issues caused by rising swap ratesin spite of four rises in the last year and hal...

Fix and track mortgages to hedge bets - Published:31/08/07

This is Money has been named monetary Website of the day in recognition of its campaigning coverage >> ReadChoose a fixed-rate, and you're borrowing near the top of the marketplace Go for a tracker and there might be at least one if not two more spe...

Woolwich mortgages 'support' home improvers - Published:16/05/07

Woolwich has launched a new mortgage which could prove to be beneficial for those people who desire to make improvements to their homeResearch carried out by the collection indicates that Britons' ancient passion for DIY could be waveringOver two-fi...

Average mortgage repayments up £78, financing study indicates - Published:15/05/07

The average proprietor has to shell out £78 more per month than a year before to pay off their mortgage, according to the latest information, which could potentially prompt many to look for for a remortgage dealRelook for from financial services pro...

Mortgages take home record percentage of pay - Published:12/05/07

According to fresh information from Woolwich Mortgages, mortgage loan repayments are eating into ever larger size of the average pay packet, chiefly with interest rate increases squeezing homeowner income In the light of an anticipated bottom rate i...

You'll never be able to afford a home - Published:10/05/07

unparalleled buyers will see the dream of home ownership slip further from their reach this week when the Bank of England raises interest taxA rise in the cost of borrowing is seen as a certainty and will shove the bank speed from 525% to 550% or ev...

Mortgage lender claims sellers are squeezing agent profit margins - Published:09/05/07

Homeowners are using the current heftiness of the property market to their advantage, it has been claimedAccording to information from financial services provider Woolwich, the strength of the UK accommodation market is established by the fact that ...

Offset to soften borrowing blow - Published:04/05/07

The chances are stacked in favour of an interest rate rise next week, which will shove up the cost of borrowing increasing inflation means it's impossible for taxpayers to make money on a changeable, taxable savings accountSo, if you've got a mortga...

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Cheaper fixed-rate mortgages for first-time buyers - Published:02/05/07

Woolwich have cut down their mortgage range, making fixed-rate mortgages cheaper and potentially providing reasonably priced options for first-time buyers Woolwich are now planning to offer unparalleled buyer mortgages up to 95 per cent of property...

Interest-only homeloans soar - Published:20/04/07

information Companies & markets Investing Power portfolio Campaigns Mortgages & homesMortgage featuresInsurance Consumer advice Broadband & phones Retirement economy & banking Credit & loans Small commerce Tax & wills Message boards Money blog Tools...

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102-year-old takes out 25-year mortgage - Published:27/03/07

information Companies & markets Investing Power portfolio Campaigns Mortgages & homesMortgage featuresInsurance Consumer advice Broadband & phones Retirement economy & banking Credit & loans little business Tax & wills Message boards Money blog Tool...

Woolwich mortgages 'provide security' - Published:20/03/07

The group's tracker will follow the Bank of England bottom rate plus 018 per cent for the period of the mortgage period, while no arrangement or redemption fees are appropriateWith a one-off fee of £599, the Woolwich mortgage package will be guarant...

Help your child get on the property ladder - Published:02/03/07

Have you got a child who is future the age when he or she would like to buy a house In a climate of increasing house prices and climbing interest rates, many unparalleled buyers are finding themselves increasingly over-stretched Many parents natural...

Woolwich launches UK's first "track and cap" mortgage - Published:21/02/07

Designed to give British homeowners with some protection against the current economic doubt in the UK home mortgage loan sector following the lately announced increases in base rate by the Bank of England, the Woolwich has recently launched one of t...