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PMS reveals Woolwich remortgage exclusives

Mortgage exclusives continue to slowly return to the market with the latest deal between Premier Mortgage Services and Woolwich.

Last week Woolwich launched a 3.99 per cent rate for new borrowers, but now it has launched a remortgage option with the mortgage club.

The Woolwich generic fixed and tracker hybrid products will be fixed at 3.99 per cent or 4.99 per cent they then track at 1.99 per cent above the Barclays Bank Base Rate, which is currently just 3 per cent. The deals are available at 60 per cent and 70 per cent LTV.

PMS corporate manager Martin Reynolds says: “We feel these deal are an excellent compliment to the Woolwich core range and we are delighted that they have chosen us as their exclusive DA partner for these products.”


Emergency deal would boost savings

The amount of money being saved into UK pension funds could jump by 30 per cent if people were allowed to dip into their funds in an emergency, says the Pensions Policy Institute.


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