Advantages Portable mortgage with excellent customer service
Disadvantages APR not the most competitive
There are a number of schemes available, fixed, capped and discounted tracker and each option can be discussed in depth at time of application.Lending muliples can also be flexed by varying the rates by those under different schemes.
The ultimate bonus is that the mortgage is portable - spmething that a lot of lenders do not offer especially with buy to let. If you ever were to move your mortgage to another property you deal direct with the existing customers' department that process the application simply in minutes.I have to say that the APR is not the most competitive but the Woolwich approach and felxibility more than compensate for the rate.
For any would be buy to let landlords - prior to making any commitment with a nother lender - give the Woolwich a call - you may be pleasently surprised.
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