Woolwich from Barclays is set to wow a wider audience with its range of mortgages.
The 60% loan-to-value tier has been removed from its range, so that the current rates are now available to 70% loan-to-value, or anyone with just a 30% deposit.
This means its deals are now more competitive in the market, with the 3.29% variable rate for term in particular continuing to offer good value for money, but to more prospective borrowers.
As well as retaining its incentives for remortgages of free valuation and free legal fees or a £200 rebate, the lack of an arrangement fee makes this is a good option for remortgage borrowers looking for a long term tracker with minimal set up costs.
Four out of five Moneyfacts stars are richly deserved.
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