Barclays/Woolwich – Two-Year Offset Tracker

Type: Offset tracker mortgage

Tracker term: Until May 31, 2014

Tracker rate: 2.49% above the Bank of England base rate

Payable rate: 2.99%

Minimum loan: £250,000

Maximum loan: Up to 70% of valuation subject to a maximum of £2m

Income multiples: Based on affordability

Conditions:Free valuation, free legal fees or £200 cashback for remortgages

Flexible features: Unlimited overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily, offset facility

Arrangement fee: £1,999

Redemption fee: 1% of the original loan in the first two years on full redemption only

Introducer’s fee: Refer to lender

Tel: 0845 070 1567