Tracker mortgages under pressure as Woolwich raises rates | Mail Online
Fears of a double-dip recession have prompted one of Britain’s biggest banks to raise tracker mortgage rates.
Woolwich, the mortgage arm of Barclays bank, yesterday notched up rates by between 0.21 per cent and 0.51 per cent.
It said the average rate rise across all its trackers, including its lifetime loan, loyalty and offset loan deals will be 0.3 per cent.
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