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Woolwich – Fix and Track Mortgage


Fix and Track Mortgage

Fixed term: One year

Fixed rate: 5.39%

Tracker term: Life of loan

Tracker rate: 0.39% above Bank of England base rate

Minimum loan: £25,001

Maximum loan: Up to 80% of valuation subject to a maximum of £2m

Income multiples: Based on affordability

Conditions: Drop and lock facility allowing penalty free switch into switch into another Woolwich fixed or capped rate

Flexible features: Overpayments, underpayments, payment holidays

Arrangement fee: £595

Redemption fee: 1 per cent of the amount repaid in first three years only if drop and lock facility not applied

Introducer’s fee: Refer to lender

Tel: 0845 070 1567


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