The Woolwich Equitable Building Society was taken over by Barclays in August 2000, with all accounts being migrated to the Barclays Group in early 2007.
Once a popular and successful name on the UK High Street, the Woolwich ceased to exist over a decade ago. Taken over by Barclays in the year 2000, Woolwich accounts were migrated over to Barclays at the start of 2007.
Prior to this, Woolwich had offered an extensive range of personal and business banking services. Along with credit cards, savings accounts, personal loans and mortgages, the bank also offered investment banking and corporate banking services, along with wealth and investment management.
No specific auction finance services were available at Woolwich, which remains true since being taken over by Barclays. As Barclays itself doesn’t currently offer any auction finance products, former customers of Woolwich are unable to access these useful short-term loans.
There are instances where even the biggest names in the business – such as Barclays – simply can’t provide you with the financial support you need. A prime example of which is auction finance, which provides investors with funds to cover properties purchased at auction. Due to the time constraints that apply to auction sales, conventional loans and mortgages are not viable solutions.
Here at Donkey Finance, we look beyond the more obvious High Street names to find the best deals from leading specialists. If you’re looking for the best possible auction finance deal, why not work with an auction finance expert?
With our help, the funds you need will be ready and waiting by the time you need them. All with interest rates lower than those of any mainstream lender.
Before going directly to Barclays or any other bank, let Donkey Finance compare the market on your behalf. We will carry out a comprehensive search, leaving no stone unturned as we compare dozens of dynamic lenders.
With so many auction finance specialists fighting for your business, we can guarantee an unbeatable deal. Use our online loan calculator to explore the options available, or contact the team at Donkey Finance to discuss your requirements in more detail. We’re standing by to offer our full support and the expert consultancy you need.
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