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Woolwich – City Mortgage 2

Woolwich

City Mortgage 2

Type: Offset tracker mortgage

Tracker term: Life of loan

Tracker rate: 0.34% above the Bank of England base rate

Payable rate: 5.34%

Minimum loan: £500,000

Maximum loan: Up to 85% of valuation subject to a maximum of £2m
Income multiples: Based on affordability

Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily, offsetting facility

Arrangement fee: £995

Redemption fee: None

Introducer’s fee: Refer to lender

Tel: 0845 070 1567

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