What Mortgages do Woolwich offer?
Woolwich offer a wide range or mortgage options, including fixed rate mortgages, lifetime tracker mortgages, and offset mortgages. With a Woolwich fixed rate mortgage your initial rate will be set for between 2 and 10 years. After the fixed rate period has finished your mortgage will revert to a rate linked to the Barclays Bank base rate. With this mortgage you can apply to make overpayments or underpayments or take a payment holiday, although fees will apply. However, you can overpay up to 10% per year during the fixed rate period without incurring any penalties. With a Woolwich lifetime tracker your rate will be variable and will fluctuate with the Barclays Bank base rate for the whole of your mortgage term. There are no early repayment charges. And with a Woolwich offset mortgage you can offset your current and savings accounts against your mortgage balance and only make repayments on the difference. You could repay less each month and eventually repay your mortgage quicker. There a
