The Barclays Bank Base Rate (BBBR) + 0.89% Tracker rate is available for loans up to 75% LTV
A BBBR + 0.99% Switch & Save Tracker for loans up to 75% LTV is also available as is a set of Stepped Trackers with year one headline rates starting at 4.99% (BBBR +0.49%)
Andy Gray, Head of Mortgages for the Woolwich commented:
"These products continue to build on the recent success we have enjoyed with buy-let fixed rates and are targeted to be particularly appealing for customers funding up to 75% LTV."
"We have developed a set products that offer a range of benefits to different investors, these include flat tracker products which offer excellent long term value to landlords, stepped products which give low initial pay rates combined with a simple single reversion rate and products with no early repayment charge for landlords requiring total flexibility."
All existing Buy-to-Let Tracker rates will be withdrawn close of business on Thursday, 1st December 2005. Pipeline applications to be received at MPC's by Friday, 9th December 2005.
