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First National – 3 Year Fixed British Mortgages Abroad

Tuesday, 4 September 2001.



Fixed term: Three years.

Fixed rate: 7.3 per cent.

Minimum loan: £35,000.

Maximum loan: Up to 80 per cent of valuation subject to a maximum of £1m.

Income multiples: 3.5 times principal income plus second or 2.75 times joint.

Arrangement fee: $1,000 up to 74 per cent of valuation, $1,125 75-80 per cent of valuation.

Redemption fee: Three months&#39 interest.

Conditions: Only available for properties in Florida.

Introducers&#39 fee: Subject to negotiation.

Tel: 020 8909 7600.

 

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