Barclays to cut Woolwich fixed rate mortgage interest
www.moneynews.co.uk > Mortgages > Barclays to cut Woolwich fixed rate mortgage interest
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Barclays to cut Woolwich fixed rate mortgage interest
Tue 21st Jun 2011
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The biggest changes have been made in the longer-term deals, such as the five-year arrangements, but the shorter products are also being made cheaper for applicants.
Andy Gray, head of mortgages at Barclays, said: "With further falls to swap rates this month and the economic turmoil in Greece impacting rates, we are able to pass on cuts to borrowers across our mortgage range."
The reductions come into effect from Wednesday (June 22nd) and Mr Gray highlighted a brand new two-year tracker has been introduced as well.
This month, Barclays announced it had extended its range of Woolwich remortgages to 85 per cent loan to value and stated that this includes its Great Escape options, which allow people to receive a cashback payment to financially help them switch from their current home finance deal.
Click here for more mortgage news
Related News : Mortgages |
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Related News : Barclays |
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