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Cheltenham & Gloucester – 2-Year Fixed Rate Mortgage

Cheltenham & Gloucester – 2-Year Fixed Rate Mortgage

Type: Fixed-rate mortgage

Fixed term: Until January 31, 2013

Fixed rate: 5.79%

Minimum loan: £5,000

Maximum loan: Up to 85% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, free valuation, free legal fees for remortgages below £500,000

Arrangement fee: None

Redemption fee: 3% of the amount repaid in year one, 2% in year two

Introducer’s fee: Refer to lender

Contact: www.cheltglos-intermediaries.co.uk

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