Type: Fixed-rate adverse credit mortgage
Fixed term: Three years
Fixed rate: Up to 90% of valuation –º 6,8%, up to 85% of valuation – 6.6%, up to 75% of valuation – 6.35%
Minimum loan: £25,001
Maximum loan: Up to 90% of valuation subject to a maximum of £350,000, up to 85% of valuation subject to a maximum of £500,000, up to 80% of valuation subject to a maximum of £600,000, up to 75% of valuation subject to a maximum of £750,000
Income multiples: Up to 90% of valuation – 3.5 times principal income plus second or three times joint, up to 75% of valuation – up to 3.75 times principal income plus second or 3.25 times joint
Conditions: Up to £5,000 in CCJs, up to two missed payments in the last 12 months but no more than one in the last six months, discharged bankruptcy and IVAs satisfactorily conducted acceptable if over 48 months ago, repossessions not acceptable
Arrangement fee: £599
Redemption fee: 6% of mortgage balance in first two years, 4% in year three
Introducer’s fee: Refer to lender
Tel: 0845 052 2280
