Woolwich offering 1.89% two-year fix for mortgages between £500,000 and £2million

Aaron Strutt Image

Woolwich for Intermediaries has launched a leading two-year fixed rate for mortgages between £500,000 and £2 million. It undercuts many of the large loan rates offered across the high-street and by a host of the private banks.

Trinity has access to the 1.89% two-year fix and it has a 3.7% APR. It has a £1,999 arrangement fee and in order to qualify, borrowers will need a 35% deposit. 

Aaron Strutt, product manager at Trinity Financial, says: "Over the last few weeks the lenders have been improving their rates and Woolwich has a selection of incredibly low million plus mortgages.

“The lender provides a free property valuation and legals service for borrowers looking to switch banks, keeping remortgage costs to a minimum."  

At the end of the tracker period, the mortgage reverts to 3.49% over the Bank of England base rate, currently 3.99%.

If you would like help to secure a large mortgage loan, call Trinity on 020 7016 0790.

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