Barclays/Woolwich - Future Fix: 2-Year Tracker followed by 3-Year Fix
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Barclays/Woolwich - Future Fix: 2-Year Tracker followed by 3-Year Fix
Type: Tracker mortgage followed by fixed rate
Tracker term: Until May 31, 2014
Tracker rate: 2.99% above the Bank of England base rate
Payable rate: 3.49%
Fixed term: Until May 31, 2017
Fixed rate: 4.29%
Minimum loan: £5,000
Maximum loan: Up to 70% of valuation subject to a maximum of £1m
Income multiples: Based on affordability
Conditions:Capital repayments of up to 10% a year allowed without penalty in the fixed and tracker periods, free valuation, free legal fees or £200 cashback for remortgages
Arrangement fee: £1,299
Redemption fee: 3% of the amount repaid in the first five years
Introducer’s fee: Refer to lender
Tel: 0845 070 1567
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