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Cheltenham & Gloucester – 4-Year Capped Rate Mortgage

Capped-rate mortgage

Capped term:
Until June 30, 2008

Capped rate:
Up to 90% of valuation 5.69% house purchase, 5.94% remortgage, up to 95% of valuation 5.94% house purchase, 6.19% remortgage

Minimum loan:

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

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

Arrangement fee:

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

Introducer&#39s fee:
Loans of at least £25,000 up to 95% of valuation &#45 0.25% of loan amount, up to 90% of valuation 0.30% of loan amount

Tel: 01452 373187


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