Friday, 26 October 2001.
Fixed term: Until January 1, 2003.
Fixed rate: 6.74 per cent.
Minimum loan: £35,000.
Maximum loan: Up to 80 per cent of valuation subject to a maximum
of £350,000, up to 75 per cent subject to no maximum.
Income multiples: 3.5 times principal income plus second or three
Arrangement fee: £395.
Redemption fee: 6 per cent of original loan in years one and two, 5
per cent in year three, thereafter 1 per cent of amount repaid or one
month's notice in lieu.
Conditions: Unlimited CCJs, individual voluntary arrangement
satisfied or being well conducted, bankruptcy discharged.
Introducer's fee: 1.5 per cent subject to a minimum of £650,
maximum of £7,500.
Tel: 01832 275044.