Wednesday, December 12, 2001.
Type: Fixed then discounted rate mortgage.
Fixed term: Two years.
Fixed rate: 5.49 per cent.
Discounted term: One year.
Discount: 1 per cent.
Minimum loan: £25,001.
Maximum loan: Loans of up to 75 per cent of valuation subject to a
maximum of £1m, 76-90 per cent subject to a maximum of £250,000,
91-95 per cent subject to a maximum of £200,000.
Income multiples: 3.25 times principal income plus second or 2.6
Arrangement fee: £295.
Redemption fee: Six months' interest on amount repaid in years one
and two, three months' interest in year three.
Conditions: £400 cashback.
Introducer's fee: 0.25 per cent of loan.
Tel: 01832 275044.