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Genesis Home Loans – Planet & Moons Fixed 6.99 Per Cent

Thursday, 25 October 2001.



Fixed term: Until January 1, 2003.

Fixed rate: 6.99 per cent.

Minimum loan: £35,000.

Maximum loan: Up to 85 per cent of valuation subject to a maximum

of £750,000, up to 90 per cent subject to a maximum of

£200,000.

Income multiples: 3.5 times principal income plus second or three

times joint.

Arrangement fee: £395.

Redemption: 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&#39s notice in lieu.

Conditions: CCJ&#39s and defaults subject to a maximum of £7,500,

individual voluntary arrangement satisfied or being well conducted,

bankruptcy discharged.

Introducer&#39s fee: 1.5 per cent subject to a minimum of £650,

maximum £7,500.

Tel: 01832 275044.

 

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