Key features include:
- The only cash back offer in the top five deals on the market (£250)
- The lowest application fee in the top five deals on the market, just £100
- No mortgage indemnity premium up to 95 per cent
- 95% LTV
- Flexible features including payment breaks and the ability to repay part of the loan without charge
- TWO YEAR FIXED RATE AT 5.29%
This fixed rate mortgage not only offers a best buy rate but also has the cheapest application fee compared to the other two year mortgages featured on the Moneyfacts best buy table. Key features include:
- The cheapest application fee out of the top deals on the market
- Available to both new and existing borrowers
- No mortgage indemnity premium up to 90 per cent
- 95% LTV
- Flexible features including payment breaks and the ability to repay part of the loan without charge
Andy Gray, head of mortgages at Barclays and The Woolwich comments:
“Our new fixed rate mortgage deals really do stand out from the crowd offering both best buy rates and market topping features. With interest rates expected to rise by a further 0.50 per cent this year and signs emerging that confidence in the housing market is cooling**, these products will be ideal for borrowers looking for peace of mind through rate certainty.
We would urge borrowers to always look beyond headline interest rates at the whole package to make sure they are getting the best deal. For example our new first time buyer package is currently the only one to offer a range of features such as £250 cash back and the lowest application fee, to help save over £1,800 in start up costs”.
Customers can find out more about all our new and existing mortgages by contacting their local Barclays or Woolwich branch, via the internet on www.woolwich.co.uk or www.barclays.co.uk, or by telephoning 0845 607 1111.
