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Woolwich can 2yr fixed deals while Nationwide increase rates

From today the Woolwich has withdraw 2 year fixed rate mortgage deals and increased its fees on tracker rate deals from £595 to £995. The Woolwich, a subsidiary of Barclays Bank, cite controlling customer volumes as the reason for the withdrawal. This comes as Nationwide put up its rates by up to half a percent for a second time this month. Nationwide's interest rate for a 2 year fixed deal at 90% now stands at 6.95%.

(Sources: Guardian.co.uk Times Online Telegraph.co.uk)

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17-Jun-2008 09:08:10

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21:10:24 08-JAN-2009

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