P628 Teletext 628 Jan29 00:12:11 SAVE OVER £50 A MONTH ON 1/5 CAPPED FOR 4 YRS UNTIL 1.4^2003 NO APPLICATION OR VALUATION FEE NO SOLICITORS FEES# NO LOCK-IN AFTER APR CAPPED RATE PERIOD AVAILABLE FOR LOANS UP TO 60% OF VALUE 0 6 4 5 7 5 7 5 7 5 D I R E C T City Contents CareersP628 Teletext 628 Jan29 00:18:22 SAVE OVER £50 A MONTH 2/5 * Savings based on the difference between the standard variable mortgage rate offered bz Cheltenham & Gloucester Halifax and Northern Rock, currently 7.45% (7.8* APR*, and Woolwich Direct's Switch & Save Mortgage rate, currently 6.35% (6.5% APR*, capped until 1.4.03. Savings based on a remortgage of £60,000 on an interest-only basis. ** Wj aim to confirm your offer verbally within two hours of your initial call, subject to satisfactory credit references and valuation. Your written offer will then bj dispatched by first-class post. APR variable and typical and calculated on the assumption that the initial capped mortgage rate of 6.35% will apply for the full term of the loan. However, from 1.4.03, the Woolwich's prevailing standard variable mortgage rate will, in fact, apply. These terms apply only City Contents CareersP628 Teletext 628 Jan29 00:18:41 GET AN OFFER WITHIN 2 HOURS 3/5 white a written offer of advance was issued on or after 14.1.99 and the mortgage completed by 31.7.99. Capped- rate schemes have limited funds and may be withdrawn or amended at any time. Typical example: based on an interest rate of 6.35% and a property valuation of £120,000, a couple taking out a mortgage of £60,000 ovjt 25 years (white the amount of the advance is 50% of the Woolwich's valuation of the property) would pay interest of £317.50 per month gross (300 payments*. Deeds Administration Fee payable on redemption £65 and a single repayment of capital of £60,000. Total amount payable £155,315.00 - 6.35%, 6.5% APR. # Thjti will bj no solicitor's fees as we will bj making our own arrangements to check the title to your property and secure our interest with a legal mortgage. If you instruct your own City Contents CareersP628 Teletext 628 Jan29 00:21:17 NO LOCK-IN, NO FEES 4/5 solicitors you will bj responsible for their costs. A first charge over your property will bj required as 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. Available to customers who have a mortgage with another lendjt who want to transfer their mortgage to Woolwich Direct and are not moving home. Limited up to 60% 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 1.4.03, the value of the Switch & Save no fees package you have received must bj repaid in full, subject to a maximum of £300, and a fee equivalent to sex months' gross interest at the prevailing standard variable rate will bj charged. All mortgages are subject City Contents CareersP628 Teletext 648 Jan29 00:22:31 CALL NOW ON 0645 75 75 75 5/5 to status, valuation & a minimum age of 18. A written quotation is available on request from Woolwich Direct, PO Box 600, Sidcup, Kent DA14 6UE. Woolwich Direct is a service provided by Woolwich plc. Registered Office: Watling Street, Bexleyheath, Kent DA6 7RR. Registered no.3295699. Woolwich plc is an introduces firm only for Woolwich Life, Woolwich Unit Trust Managers and Woolwich Plan Managers which are regulated by the Personal Investment Authority for life assurance, pensions, unit trust and othjt investment business. Woolwich plc adhjtes to the principles of the Code of Mortgage Lending Practice. Copies of the Code are available on request. Rates correct at time of going to air. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. City Contents Careers