Cracking Woolwich 5 year fixed remortgage 2.99% free valuation and legals up to 60% Loan to Value.
This Woolwich 5 year fixed remortgage offer for residential property is sensational given all economists are predicting continual rate rises over this period. Lock your payments in with the main costs taken care of as the Woolwich 5 year fixed remortgage offer comes complete with a free basic legal service and free valuation.
Initial Rate: 2.99% Subsequent:3.99% The overall cost for comparison is 3.8%
- Features: Fixed until 31/12/2019. Typically 5 times income (depends on credit score). Free basic legal service.
- Minimum deposit / equity: 40%
- Valuation fee: FREE
- Other main lender fees: £999
- Early repayment charges: 3% of the amount redeemed to 31/12/2019.
MY COMMENTS: In my experience clients often choose to wait until rates actually rise which is nonsensical as the products like these will be long gone.
For more information on Woolwich 5 year fixed remortgage offer please complete the enquiry form on this page or call us on 020 7993 2044.
Rates current as at 15/9/14 . The overall cost for comparison is based on a property value of £175,000 over a 25 year term. Repayment for Residential and Interest only for Buy-to-let. Eligibilty will depend on your own personal circumstances.
Key: ERC = Main early repayment charge
Your Home is at Risk if you do not keep up with your mortgage repayments.
Author: Payam Azadi
Payam Azadi is a partner at Niche Advice who are whole of the market Independent Mortgage Brokers. His role is very much focused on Property financing both on residential and commercial lines.