View more on these topics

Woolwich and Barclays – Tracker + 0.04%

Type:
Discounted rate flexible tracker mortgage

Discounted term:
Two years

Discount:
0.91%

Payable rate:
4.04%

Tracker term:
Lifetime of loan

Tracker rate:
0.95% above Bank of England base rate

Minimum loan:
£5,000

Maximum loan:
Up to 85% of valuation subject to a maximum of £500,000,
up to 80% of valuation subject to a maximum of £1m

Income multiples:
Up to 3.25 times principal income plus second
or 2.5 times joint

Conditions:
Mortgage reserve facility available up to 90% of valuation

Flexible features:
Overpayments of up to 10% a year, underpayments, payment holidays, interest calculated daily, lump sum withdrawals

Arrangement fee:
£295

Redemption fee:
Six months&#39 interest in first two years

Introducer&#39s fee:
0.3 per cent of original loan

Tel: 0845 6051111

Recommended

Ship sets a course

The industry is unanimously opposed to the absence of any clear plans to regulate home-reversion schemes. The regulatory no man&#39s land in which home reversion resides needs to be managed by providers and advisers to ensure that customers not only receive appropriate advice but also the product which is most suitable for their needs. Lifetime […]

Hit and myth

There have been criticisms of equity-release schemes in the media, including Which? magazine, and this article is intended to respond to those criticisms and to dispel some of the widely held myths about equity release. First, there are two types of equity release. The first is where you sell your property or part of it. […]

Keydata presses accelerator

Keydata is offering a stockmarket accelerator plan that triples any growth in the FTSE 100 index over a six-year period up to a maximum of 60 per cent. Capital invested in the Keydata dynamic growth plan 9 product is guaranteed unless the index falls by more than 40 per cent over the period and fails […]

Independent view

I recently completed the London Marathon, which was quite a painful experience. As I was trotting around, trying desperately to think of anything other than the ruptured hamstring I acquired at 19 miles, it occurred to me that setting up and maintaining an IFA practice in today&#39s financial services industry is not too dissimilar to […]

Benefits of using a probate bare trust

Have you ever wondered what happens to someone’s investment bond on their death if it is not written in trust? When someone dies it is essential to deal with their estate, which can be made up of their home, belongings, investment bonds and anything else they may have owned. But, it is not as simple […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com