Woolwich cutting rates

The changes are:

2 and 3 year fixed rates, £199 fee, 70% LTV - reduced by up to 0.30%.

Lifetime trackers, fee free 70% and 75% LTV - reduced by up to 0.20%.

Product end dates, early repayment charge dates and product availability dates extended by three months.

New deals:

2 year fixed rate, 3.59%, £199 fee, 70% LTV, min loan £50k

3 year fixed rate, 4.09%, £199 fee, 70% LTV, min loan £50k

Lifetime tracker BBR+2.59%, 70% LTV, £0 fee, min loan £50k

Lifetime tracker BBR+2.89%, 75% LTV, £0 fee, min loan £50k

Products withdrawn from close of play today (Wednesday 3rd November):

2 year fixed rate, 3.79%, £199 fee, 70% LTV, min loan £50k

3 year fixed rate, 4.39%, £199 fee, 70% LTV, min loan £50k

Lifetime tracker BBR+2.79%, 70% LTV, £0 fee, min loan £50k

Lifetime tracker BBR+2.99%, 75% LTV, £0 fee, min loan £50k

All other rates, including buy-to-let remain unchanged, although the end dates, ERC and product availability dates have been extended by three months across the whole new range, so all products are being replaced.