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Cheltenham & Gloucester – Two Year Premium Tracker Mortgage

Cheltenham & Gloucester

Two Year Premium Tracker Mortgage

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: 0.14% above Bank of England base rate

Payable rate: 4.89%

Minimum loan: 100,000

Maximum loan: Up to 90% of valuation subject to no maximum

Income multiples: Up to four times principal income plus second or 3.25 times joint

Conditions: Up to 50% of estimated or actual rental income is taken into account on buy-to-let applications

Arrangement fee: 499

Redemption fee: None

Introducers fee: 0.3% of original loan subject to 10,000 maximum

Tel: 01452 373 187


Independent view – Peter Hargreaves

I have noted with interest the antics of some of the more struggling fund supermarkets. I am reliably informed that each quarter, one particular fund supermarket claims astronomic figures but no one can work out why they do not ever seem to get very far ahead.

A new breed

Philip Scott assesses the outsourcing move at Foreign & Colonial Investment Trust.


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