Woolwich has announced a one-year tracker mortgage at 1.98% up to 60% LTV, available from brokers or direct. After one year it tracks Barclays Base Rate +2.49%.

There are also two- and three-year fixed rate mortgages available for both new and existing Woolwich customers.

Announcements like these from the Woolwich and other lenders do suggest that the mortgage market may be easing and lenders are keen to attract quality borrowers.