Woolwich in new fix

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THE Woolwich has announced two new fixed-rate loans. The first is at 8.15 per cent for seven years, and the second is fixed for four years at 6.99 per cent.

The society has withdrawn its three-year 6.95 per cent fixed rate.

Cheltenham & Gloucester is offering a five-year 6.99 per cent fixed rate mortgage for people with a minimum deposit of 10 per cent.

----------------------------------------------------------------- Mortgages ----------------------------------------------------------------- Type Source Deal Variable Northern Rock 3.98% discounted rate on 75% loans Fixed BNP 6.99% for five years Capped Royal Bank of Scotland 7.99% on 90% loans for 5 years ----------------------------------------------------------------- Source: John Charcol 071-611 7000 -----------------------------------------------------------------

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