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Clydesdale Bank – 3-Year Fixed Rate to 70% LTV

Clydesdale Bank – 3-Year Fixed Rate to 70% LTV

Type: Fixed-rate mortgage

Fixed term: Until October 31, 2014

Fixed rate: 3.19%

Minimum loan: £100,000

Maximum loan: Up to 70% of valuation subject to a maximum of £1m, up to 60% of valuation subject to a maximum of £2m

Income multiples: Based on affordability

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

Arrangement fee: £999 for loans up to £500,000, £1,499 for loans of £500,001 to £2m

Redemption fee: 5% of the amount repaid in year one, 4% in year two, 3% in year three

Introducer’s fee: 0.3% of the original loan



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