They are an extension of the Woolwich generic fixed and tracker hybrid products. The products are fixed until 31.01.2010 at 3.99% or 4.49% they then track at 1.99% above Barclays Bank Base Rate which is currently 3% with either a free legal service or cashback option. They are available at 60% and 70% LTV. All have an application fee of £995.
Funds are limited and need to be booked by calling the PMS® Broker Desk on 0845 845 1388.
Commenting Martin Reynolds, Corporate Manager at PMS® said “We feel these deal are an excellent compliment to the Woolwich core range and we are delighted that they have chosen us as their exclusive DA partner for these products. As funds are limited and the products are attractive the intermediary needs to make sure they have booked the funds with our Broker Desk.”