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Chelsea Building Society – Three Year Fixed Rate Buy-To-Let

Chelsea Building Society

Three YEar Fixed Rate Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until May 31, 2008

Fixed rate: 5.99%

Minimum loan: 35,000

Maximum loan: Up to 80% of valuation subject to a maximum of 300,000, up to 75% of valuation subject to a maximum of 400,000, up to 70% of valuation subject to a maximum of 500,000, up to 65% of valuation subject to a maximum of 600,000

Income multiples: Rental income must be at least 120% of mortgage repayments

Arrangement fee: 445 plus 245 administration fee
Redemption fee: 3% of amount repaid until May 31, 2008 plus interest until end of the month, thereafter interest until end of the month

Introducers fee: Subject to negotiation

Tel: 08702 404808

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