Andy Gray head of mortgages at the Woolwich comments, "Consumer demand for fixed rate products has almost doubled since this time last year rising from 25 per cent of lending at the beginning of 2004 compared to 40 per cent of lending during the first quarter if this year*. With continued speculation surrounding the housing market, it is clear that consumers are craving some stability and are investing in fixed rates. The range focuses on value and simplicity something that our customers have asked for."
All Woolwich products are available to both new and existing customers, up to 95% LTV. Woolwich also scrapped its Higher Lending Charge in March 2005.
- 2 Year Fixed Rate 4.99%
-3 Year Fixed Rate 4.99%
- 5 Year Fixed Rate 5.09%
-10 Year Fixed Rate 5.19%
- FTB 3 year Fixed Rate 5.09%
