Woolwich
10 year fixed rate mortgage
changes as at 09/02/06
The Woolwich, a part of Barclays, launched its' 10 year fixed rate mortgage this week with an interest rate of 4.67% for the first ten years of the mortgage term. After the fixed rate period ends the mortgage reverts to the 'Barclays Bank Base Rate' (BBBR) + 0.95%, which is 5.45%. This gives an overall APR of 5.2%, which is 0.2% less than the next lowest fixed rate APR in the Woolwich range. The mortgage comes with a £495 pound application fee.