The first is a lifetime tracker at Bank Base Rate (BBR) +0.39 per cent, current rate 5.14 per cent, available up to 90 per cent loan-to-value (LTV). It comes with no arrangement fees and no early repayment charges (ERCs) and is also available on Woolwich’s Switch & Save re-mortgage option, which offers free valuation and free legal fees. There is a minimum loan of £50,000.
The second is a buy-to-let three-year tracker at BBR +0.68 per cent, current rate 5.43 per cent, available up to 75 per cent LTV for purchase and remortgage. It has an arrangement fee of £195 and is also available on Switch & Save. there are ERCs of six months interest for three years.
