P628    Teletext   628 Fjb21 02:14:43
           1/5  
          
   
   
   
   
                                        
                                        
         CAPPED FOR 4 YRS    
          UNTIL 1.5.2003      
         NO APPLJCATJON OR   
          VALUATION FEE       
         NO SOLICITORS FEES* 
    APR     NO LOCK-IN AFTER    
           CAPPED RATE PERIOD  
                                        
                                        
         0 6 4 5   7 5  7 5  7 5        
    
    
              D I R E C T               
 City       Contents       Careers      
                                        
   P628    Teletext   628 Fjb21 02:24:04
       SWITCH TO WOOLWJCH DIRECT   2/5  
 APR variable & typical & calculated on 
 the assumption that the initial capped 
 mortgage rate of 6.20% will apply for  
 the full term of the loan. However,    
 from 1.5.2003, the Woolwich's          
 prevailing standard variable mortgage  
 rate will, in fact, apply. These terms 
 apply only white a written offer of    
 advance was issued on or after 09.02.99
 and the mortgage completed by 31.08.99.
 Capped rate schemes have limited funds 
 and may be withdrawn or amended at any 
 time.                                  
                                        
 Typical example: based on an interest  
 rate of 6.20% and a purchase price of  
 £70,000, a couple taking out a mortgage
 of £52,000 ovjt 25 years (where the    
 amount of the advance is 74* of the    
 Woolwich's valuation of the property)  
 would pay interest of £268.67 pet month
 gross (300 payments*.                  
 City       Contents       Careers      
                                        
   P628    Teletext   628 Fjb21 02:11:31
       SWITCH TO WOOLWJCH DIRECT   3/5  
 Deeds Administration Fee payable on    
 redemption £65 and a sjngli repayment  
 of capital £52,000.                    
                                        
 Total amount payable £132,666.00 -6.20%
 6.3% APR. *Thjti will bj no solicitor's
 fie as we will bj maKing our own       
 arrangements to check the title to your
 property and secure our interest with a
 legal mortgage. Thjti will bj no       
 application fee & no valuation fee.    
                                        
 If you instruct your own solicitors    
 you will bj responsible for their      
 costs. A first charge ovjt 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.                                  
                                        
 City       Contents       Careers      
                                        
   P628    Teletext   628 Fjb21 02:11:58
       SWITCH TO WOOLWJCH DIRECT   4/5  
 Available to customers who have a      
 mortgage with anothjt lindjt who want  
 to transfer their mortgage to Woolwich 
 Direct and are not moving home. Limited
 up to 90% of the Woolwich's valuation  
 of the property.                       
 If the mortgage is eithjt redeemed (in 
 full or in part) or transferred to     
 anothjt scheme before 1.5.2003, the    
 value of the Switch and 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  
 to status, valuation and a minimum age 
 of 18.                                 
                                        
 A written quotation is available on    
 request from Woolwich Direct,          
 PO Box 600, Sidcup, Kent DA14 6UE.     
 City       Contents       Careers      
                                        
   P628    Teletext   628 Fjb21 02:11:11
       SWITCH TO WOOLWJCH DIRECT   5/5  
 Woolwich Direct is a sjtvice provided  
 by Woolwich plc. Registered Office:    
 Watling Street, Bexliyheath, Kent      
 DA6 7RR. Registered no.3295699.        
                                        
 Woolwich plc is an introduces firm only
 for Woolwich Life, Woolwich Unit Trust 
 Managjts and Woolwich Plan Managers    
 which are regulated by the Personal    
 Investment Authority for life          
 assurance,pension,unit trust and othjt 
 investment business.                   
                                        
 Woolwich plc adhjtis 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. 
                                        
 YOU5 HOME IS AT RISK IF YOU DO NOT KEEP
 UP REPAYMENTS ON A MORTGAGE OR OTHER   
 LOAN SECURED ON IT.                    
 City       Contents       Careers