View more on these topics

Cheltenham & Gloucester – 4 Year Capped Rate Mortgage

Type:
Capped-rate mortgage

Capped term:
Until July 31, 2008

Capped rate:
Up to 95% of valuation &#45 6.24% house purchase,
6.49% remortgages,
up to 90% of valuation &#45 5.99% house purchase,
6.24% remortgages

Minimum loan:
£25,000

Maximum loan:
Up to 95% of valuation subject to no maximum

Income multiples:
Up to three times principal income plus second
or 2.75 times joint

Conditions:
Arrangement fee waived for internet applications, free in-house legal costs or £150 contribution for remortgages, capital repayments of up to 10% a year allowed without penalty

Arrangement fee:
£299 house purchase,
£249 remortgages

Redemption fee:
4% o amount repaid in year one, 3% in year two, 2% in year three,
1% in year four

Introducer&#39s fee:
Up to 95% of valuation &#45 0.25% of loan amount,
up to 90% of valuation &#45 0.3% of loan amount

Tel: 01452 373187

Recommended

Commission wish

I have had a dismal year so far. I have paid an architect £6,000 in fees for plans for a job which he estimated would cost me £50,000. The best builder&#39s quote so far has been £158,000 plus VAT. I pay my accountant a monthly service fee. He has ignored my last two emails (six […]

Landlords positive on tenant demand

Landlords are confident that tenant demand is stable or rising, according to Paragon Mortgages&#39 landlord survey. Fifty-five per cent of landlords say tenant demand is steady while 26 per cent report a growth in demand. The average landlord in the quarterly survey owns 11.3 residential properties worth £789,000 and is hoping this will rise to […]

Just what doctor ordered

Public expectations cannot be met by the NHS and we should be looking to adopt a different funding system such as social insurance. But first we would need to change perceptions about medical insurance. “We believe the time has come to consider a new way to deliver healthcare in Britain.” This was not a medical […]

CA and TUC unite to warn Brown not to raise cap

The TUC and the Consumers&#39 Association have united to urge the Government not to raise the cap to 1.5 per cent. The groups have written to Chancellor of the Exchequer Gordon Brown to warn him that raising the cap and making stakeholder pensions more expensive will not help solve the pensions crisis. TUC general secretary […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment