Woolwich sees customers looking to fix for longer

The new mortgages include three year fixed rate mortgages at 4.39% [£999 fee, 70% loan to value] and 6.39% [£999 fee max 80% loan to value].

In addition, there's a new offset at base rate plus 2.49% [£1,499 fee, up to 60% loan to value, minimum loan £200,000].

Andy Gray, Head of Mortgages at Barclays said: "We're seeing strong interest from customers who want to fix their mortgage for more than two years with a low fee. We're also expecting strong interest in the offset mortgage - these have proven very popular in the last year, and at this rate this will be one of the market leaders. These mortgages should continue to drive competition in the market."

The mortgages are available to both direct and intermediary customers, and are available from today.

New 3 year fixed rate products

* 4.39%, £999 fee, all channels, max 70% LTV

* 6.39%, £999 fee, all channels, max 80% LTV

New Offset Special Edition

* Base +2.49%, £1,499 fee, all channels, max 60% LTV, min loan £200k