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Tracker mortgages
It’s great having options. A tracker mortgage could be ideal for you if you want a mortgage that moves in line with Barclays Bank Base Rate. So when Barclays Bank Base Rate falls, your monthly repayments fall. If the rate rises, so will your monthly mortgage repayments.
With our tracker mortgages you’ll get:
A variable rate that rises and falls with changes to the Barclays Bank Base Rate (BBBR).
Flexibility. Our lifetime trackers carry no early repayment charges on selected mortgages.
Freedom from application fees on selected products.
The convenience of a portable mortgage, so you can take your mortgage to a new home if you move.
Woolwich offers two main types of tracker:
Lifetime Tracker
Our lifetime trackers track at a set percentage above Barclays Bank Base Rate for the entire term of your mortgage offering you flexibility and choice. During the ERC period you are able to overpay by up to 10% per year without incurring an Early Repayment Charge.
2 Year Tracker
Please note that 2-year tracker mortgages are not currently available.
New mortgage or additional borrowing query? Call
0800 316 5500*
Existing mortgage query? Call
0800 022 4022**
For any mortgage query, you can also pop into a branch.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Selection of our current tracker mortgages
| Product | Interest rate | The overall cost for comparison is | Application fee | How much can I borrow? | Early repayment charge |
Find out more or apply | |
|---|---|---|---|---|---|---|---|
| Initial | Following on to | ||||||
Lifetime Tracker |
2.89% (BBBR +2.39%) variable for the remaining term |
N/A | 3.0% APR | £1,499 | 70% (max) of the value of your home (Minimum Loan £200,000) | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
Lifetime Tracker |
3.09% (BBBR +2.59%) variable for the remaining term |
N/A | 3.2% APR | £999 | 70% (max) of the value of your home | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
Lifetime Tracker |
3.29% (BBBR +2.79%) variable for the remaining term |
N/A | 3.4% APR | £0 | 70% (max) of the value of your home (Minimum Loan £50,000) | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
Lifetime Tracker |
3.19% (BBBR +2.69%) variable for the remaining term |
N/A | 3.3% APR | £999 | 75% (max) of the value of your home (Maximum Loan £500,000) | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
Lifetime Tracker |
3.49% (BBBR +2.99) variable for the remaining term |
N/A | 3.6% APR | £0 | 75% (max) of the value of your home (Minimum Loan £50,000 - Maximum Loan £500,000) | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
Lifetime Tracker |
3.88% (BBBR +3.38) variable for the remaining term |
N/A | 4.0% APR | £999 | 80% (max) of the value of your home | 1% of the balance repaid until 30/09/2012 | Call 0800 316 5500* for Tracker rate mortgages |
BBBR = Barclays Bank Base Rate, which is currently 0.50% (Effective 6 March 2009).
Please refer to our tariff of charges for full details of fees associated with our mortgages. These should be read in conjunction with our legal information.
