The Woolwich are pushing hard on the fixed rate mortgage market with three new deals to kick off their 2008 campaign.
You can get a ten year fixed rate mortgage of 5.59 per cent, a five year at 5.69 per cent and a two year deal at 5.89 per cent. All of these deals are pretty competetive in a market where there are some decent deals to be had at the moment.
Arrangement fees of £995 apply across the range that can be added to the total amount of the loan or paid up front.
Head of mortgages at the group, Andy Gray commented, "We think over the next few weeks there will be an increase in demand for fixed rates over trackers, especially for those that are competitively priced.”
Many experts have predicted that tracker mortgages will be far more popular over the course of the next few months as the base rate continues to tumble.