Virgin Money and Woolwich lower their mortgage rates

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Virgin Money and Woolwich have made their fixes and tracker rates more attractive by lowering them by up to 0.2%. NatWest for Intermediaries also lowered theirs by 0.1% but Coutts & Co increased fixes by 0.25%. Woolwich now offer one the most competitive two-year fixes at 3.29% for those with a 40% deposit and Nationwide Building Society has a five-year fix at 3.89%. Both mortgages have a £999 arrangement fee and maximum loan sizes of £1million. With the International Monetary Fund recommending the Bank of England should consider cutting base rate further; tracker rates continue to look particularly attractive. June 1, 2012
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