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Woolwich – Lifetime Value Tracker


Lifetime Value Tracker

Type: Tracker mortgage

Tracker term: Life of loan

Tracker rate: Loans up to 95% of valuation 0.69% above Bank of England base rate, loans up to 90% of valuation 0.49% above base rate, loans up to 75% of valuation 0.19% above base rate

Payable rate: Loans up to 95% of valuation – 5.19% loans up to 90% of valuation 4.99%, loans up to 75% of valuation – 4.69%

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

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

Arrangement fee: None

Redemption fee: None

Introducers fee: Refer to lender



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The Association of Home Inf-ormation Packs has attacked Tory leader David Cameron, describing his stance on Hips as an example of the “uninformed” comment circulating in Westminster. Speaking at the Mortgage Business Expo in Manchester last week, Ahips deputy director general Paul Broadhead said Cameron’s suggestion that Hips should be scrapped because of the damage […]

Treasury plea to societies on equity release

The Treasury has called for more building societies to offer equ-ity release as a way of helping the Government face long-term retirement challenges. Speaking at the BSA conference, Treasury director for financial services policy Clive Maxwell called on societies to offer new products such as equity release. He said: “Societies need to help us rise […]

Keeping it real

With global economic growth set to continue, the outlook for real estate investment remains positive

9 October thumbnail

Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


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