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Barclays – Woolwich Two-Year Tracker

Barclays – Woolwich Two-Year Tracker

Type: Tracker mortgage

Tracker term: Until August 31, 2013

Tracker rate: 1.99% above the Bank of England base rate

Payable rate: 2.49%

Minimum loan: £5,000

Maximum loan: Up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% allowed without penalty in the tracker period, switch & fix facility allowing penalty-free switch to a
Woolwich fixed rate within the tracker period

Arrangement fee: £999 application fee

Redemption fee: 1% of the amount repaid in the first two years

Introducer¹s fee: Refer to lender

Tel: 0845 070 1567

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