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Cheltenham & Gloucester – 7 Year Fixed Rate Mortgage

Type:
Fixed-rate mortgage

Fixed term:
Until July 31, 2011

Fixed rate:
House purchase up to 95% of valuation &#45 6.24%, up to 90% of valuation &#45 5.99%, remortgages up to 95% of valuation &#45 6.49%, up to 90% of valuation 6.24%

Minimum loan:
£20,000

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

Arrangement fee:
£299

Redemption fee:
7% of amount repaid in year one, 6% in year two, 5% in year tree, 4% in year four, 3% in year five, 2% in year six, 1% in year seven

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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