Woolwich launches 90pc LTV range

At the maximum 90% LTV, a 3-year fixed rate will be available at 4.99% with no fees, and a 5-year fixed rate will be available at 5.49% with a £499 application fee for borrowers who do not qualify for Barclays Loyalty mortgage.

Loan sizes for the 90% LTV deals will be between £50,000 and £500,000.

Andy Gray, head of mortgages at Barclays, said: “Higher LTV mortgages with more competitive rates have started to come through to the market this year and our deals are sitting well below the average rates to encourage homebuyers and remortgage customers alike to get some great fee-free mortgages.”