P628 Teletext 628 Jan 0 00:11:00  1/5       CAPPED FOR 4 YRS  UNTIL 1.2.2003  NO APPLICATION OR  VALUATION FEE  NO SOLICITORS FEES* APR NO LOCK-IN AFTER  CAPPED RATE PERIOD 0 8 4 5 6 0 5 0 2 4 3 Get much more with   D I R E C T Financial Contents IT Appts Careers
P628 Teletext 628 Jan 2 00:10:01 S'JTCH TO WOOL'JCH DIRECT 2/5 APR variable & typical & calculated on the assumption that the initial capped mortgage rate of 6.65% will apply for the full term of the loan. However, from 1.2.2003, the Woolwich's prevailing standard variable mortgage rate will, in fact, apply. These terms apply only where a written offer of advance was issued on or after 01.01.99 and the mortgage completed by 30.6.99. Capped rate schemes have limited funds and may be withdrawn orP—lbnded at any time. Typical example: based on an interest rate of 6.65% and a purchase price of £70,000, a couple taking out a mortgage of £52,000 over 25 xears (where the amount of the advance is 74% of the Woolwich's valuation of th— property) would pay interest of £288.17 per month gross (300 payments). Financial Contents IT Appts Careers
P628 Teletext 628 Jan 2 00:10:11 S'JTCH TO WOOL'JCH DIRECT 3/5 Deeds Administration Fee payable on redemption £65 and a single repaylfnt of capital £52,000. Total amount payable £138,516.00 -6.65% 6.8% APR. *There will be no solicitor's fee as we will be making our own arrangements to check the title to your property and secure our interest with a legal mortgage. There will be no application fee & no valuation fee. If you instruct your own solicitors you will be responsible for their costs. A first charge over your property will be required as a security for a mortgage. For interest only loans, you are advised to arrange a suitable repayment vehicle to repay the capital at the end of the mortgage term. Financial Contents IT Appts Careers
P628 Teletext 628 Jan 2 00:13:10 S JTCHTOWOOLJCHDIRECT 4/5 Aw—ilable to customers wpo havb a mortgage with another lender who want to transfer their mortgage to Woolwich Direct and are not moving home. Lqmhted up to 90% of the Woolwich's valuation of the property. If the mortgage is either redeemed (in full or in part) or transferred to another scheme before 1.2.2003, the value of the Switch and Save no fees package you have received must be repaid in full, subject to a maximum of £250, and a fee equivalent to six months' gross interest at the prevailing standard variable rate will be charged. All mortgages are subject to status, valuation and a minimumP0ge of 18. A written quotation is available on request from Woolwich Direct, PO Box 600, Sidcup, Kent DA14 6UE. Financial Contents IT Appts Careers
P628 Teletext 628 Jan 2 00:10:02 SGITCH TO WOOL'JCH DIRECT 5/5 Woolwich Direct is a service provided by Woolwich plc. Registered Office: Watling Street, Bexleyheath, Kent DA6 7RR. Registered no.3295699. Woolwich plc is an introducer firm only for Woolwich Life, Woolwich Unit Trust Managers and Woolwich Plan Man!gers which are regulated by the Personal Investment Authority for life assurance,pension,unit trust and other investment business. Woolwich plc adheres to the principles of the Code of Mortgage Lending Practice. Copies of the code are available on request. Rates correct at time of going onP—pr. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. Financial Contents IT Appts Careers