View more on these topics

Woolwich – First Time Buyer Three Year Fixed Rate

Woolwich

First Time Buyer Three Year Fixed Rate

Type: Fixed rate mortgage

Fixed term; Until March 31, 2009

Fixed rate: 4.99%

Minimum loan: 25,001

Maximum loan: Up to 95% of valuation subject to a maximum of 500,000, up to 80% of valuation subject to no maximum

Income multiples: Up to four times principal income plus second or three times joint

Conditions: Capital repayments of up to 10% allowed without penalty, 500 cashback

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

Arrangement fee: None

Redemption fee: 3% of the amount repaid plus 500 until March 31, 2009

Introducers fee: Refer to lender

Contact: www.woolwichintermediaries.co.uk

Recommended

The black hole of final-salary schemes

It seems to me that most people in the financial services industry and the Government fail to see how illogical final-salary pension schemes are in a capitalist society, as the liability is open-ended and, as such, cannot be justified in a prudent economy. Nic Cicutti in his column says that final-salary scheme employees contribute a […]

Adapt and thrive

We really need to put the priority on developing products and services

Is volatility dead? No, sell credit

There are several arguments that one could currently make for why credit markets look unattractive. These include signals that the US economy is in late cycle, the fact that corporate leverage has been increasing (with 2016 setting a record for the amount of global bond issuance), and that US high-yield default rates have risen considerably […]

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