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Abbey – Three Year Fixed Rate


Three Year Fixed Rate

Type: Fixed-rate mortgage

Fixed term: Until July 2, 2012

Fixed rate: 4.1 4%

Minimum loan: £6,000

Maximum loan: Up to 60% of valuaiton subject to a maximum of £1m

Income multiples: Based on affordability and credit score

Conditions: Capital repayments of up to 10% a year allowed without penalty, free valuation on properties valued up to £2.5m, £250 cashback as contribution towards legal costs

Arrangement fee: £995

Redemption fee: 3% of mortgage balance in first three years, plus repayment of cashback if mortgage repaid by April 2, 2011

Introducer’s fee: Refer to lender



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