Woolwich offers a wide range of mortgages giving you a wonderful opportunity to purchase a property of your own. There are Fixed Rate Mortgages; Flexible Offset Mortgages; Tracker Mortgages; Buy to Let Mortgages and First Time Buyer Mortgages.

Their Fixed Rate Mortgages offer the safety of predetermined monthly repayments over a particular term no matter what the performance of interest rates. This is a really attractive mortgage for those of you who have a budget or are looking to the future. They offer a range of fixed rate terms; offer very competitive fixed mortgage rates and the choice to loan up to 85% should the property you are purchasing be new. Also you have the possibility to make overpayments of up to 10% each year without incurring an early repayment charge (should you exceed this 10% then early repayment charges will be levied). You are also able, should you move, to take the Fixed Rate Mortgage with you (there may be a fee charged for this).

An example of the interest on a 2 year Fixed Rate Mortgage can be demonstrated as follows:

Initial interest rate 2.66% till 31 October 2013 increasing to 3.49% (BBBR + 2.99%) which is variable for the remaining period. There is an application fee of £999. The maximum amount that can be borrowed is 70% of the worth of the property.

The Woolwich Flexible Offset Mortgages offer you the opportunity to be in control and knock years off your mortgage reducing the interest payments.

You can reduce your monthly payments or decrease the term of your mortgage and overpay whatever you want, although if you pay in full before the end of the mortgage term you might be charged for early repayment.

Tracker Mortgages from the Woolwich move in line with Barclays Bank Base Rate (BBBR) which means that if the BBBR tumbles so do your monthly repayments. If it increases then so do your payments.

They offer a selection of mortgages such as Lifetime Trackers; there is no application fee on a chosen mortgage and you can borrow up to 75% on the worth of your property.

The Woolwich also offer a variety of Fixed and Tracker Buy to Let mortgages and are great if you are purchasing a property for investment purposes. There are no big lending charges; a variety of choices for renting your property which will not limit you to an Assured Shorthold Tenancy and you can borrow £35,000 to £1 million on a single property and should you want to purchase more than one property a £5 million limit is set depending on consent.

If you are a first time buyer then the Woolwich offers a variety of mortgages to select from such as Fixed Rate, Tracker and Offset Mortgages plus contrasting mortgages which can be tailored for a variety of deposits.

The Woolwich is a well known mortgage lender and has a large range of mortgages to choose from and well worth contacting.