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Woolwich cuts tracker rates

Mortgage Solutions
Written By:
Posted:
January 19, 2010
Updated:
January 19, 2010

Woolwich has reduced rates on its tracker range by up to 0.20%.

The range includes lifetime trackers at up to 70% LTV at either 2.63% with a £999 fee or 2.99% without a fee.

It will also offer lifetime trackers at up to 75% LTV at 2.89% with a £999 fee or 3.19% without fee.

The mortgages are available at the same rates to both direct branch customers and through intermediaries.

Andy Gray, head of mortgages at Woolwich said: “In general, tracker mortgages are getting huge amounts of attention because of the low, stable base rate environment over the last year. Our new rates should prove extremely popular.”

 

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