Woolwich raises its best buy £2 million mortgage
Woolwich for Intermediaries has increased its market leading £500,000 to £2 million two-year fixed rate mortgage. The rate has changed twice in recent weeks from 1.75% to 1.99% - although it still has the same £2 million maximum loan size.
Borrowers will need a 35% deposit to qualify for this mortgage and the arrangement fee is £1,999. After the fixed rate the mortgage reverts to 3.39% above the Bank of England base rate and the APR is 3.6%.
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April 16, 2014
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