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Woolwich – City Mortgage


City Mortgage

Type: Discounted rate offset tracker mortgage

Discounted term: Until June 30, 2007

Discount: 1%

Payable rate: 4.24%

Tracker term: Lifetime of loan

Tracker rate: 0.49% above Bank of England base rate

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

Arrangement fee: £1,499

Redemption fee: None

Introducer’s fee: Refer to lender

Tel: 0845 070 1567


UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]


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