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Woolwich – OpenPlan Flexible Mortgage Two Year Fix and Track


OpenPlan Flexible Mortgage Two Year Fix and Track

Type: Flexible fixed rate mortgage followed by tracker

Fixed term: Until October 31, 2011

Fixed rate: 3.99%

Tracker term: Lifetime of loan

Tracker rate: 1.49% above the Bank of England base rate

Minimum loan: £5,000

Maximum loan: Up to 70% of valuation subject to no maximum

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free legal fees or £200 cashback for remortgages through switchand save option

Flexible features: Overpayments, interest calculated daily, lump sum withdrawals through mortgage reserve facility

Arrangement fee: £999

Redemption fee: 3% pf the amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 0845 070 1567


Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


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