Barclays and Woolwich launches fee free fixed rate deals

Key features of the re-mortgage deals are as follows:

- Rate fixed at 4.89 per cent until 31.01.08 / 4.99 per cent until 31.01.11

- No arrangement fees

- No early repayment charges beyond the fixed rate period

- No higher lending charge when borrowing up to 95 per cent

- No valuation or legal costs for customers remortgaging and switching lender

- Flexible features, such as overpaying

- Existing mortgage customers can also take advantage of these leading rates