Woolwich changes fix offer

Friday 22 April 1994 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

WOOLWICH Building Society has increased its variable rate discounts. The five-year fix at 7.99 per cent has been withdrawn, and a four-year fix at the same rate substituted.

First Mortgage Securities has a three-year fix at 6.25 per cent, four years at 7.25 per cent and five years at 7.85 per cent. These are for repayment loans. Endowment loans cost an extra 0.25 per cent, and interest-only loans an extra 0.5 per cent. The redemption penalties are four months' interest on the three- year loan, five on four years and six months' interest on the five-year fix. Buildings and contents insurance must be arranged through FMS. Loans are for a maximum of 75 per cent of the value of the property. There is a non-refundable booking fee of pounds 275.

Bank of Ireland's fix at 3.75 per cent runs for just one year. Northern Rock has a fix that runs to January 1996 at 4.99 per cent.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in