Friday, 26 October 2001.
Fixed term: Until January 1, 2003.
Fixed rate: 7.24 per cent.
Minimum loan: £40,000.
Maximum loan: Up to 95 per cent of valuation subject to a 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: CCJs or defaults subject to a maximum of £3,000 none
in last six months, maximum of one in previous six months, individual
voluntary arrangement satisfied for at least one year, bankruptcy
discharged for at least one year.
Introducer's fee: 1.5 per cent subject to a minimum of £650,
maximum of £7,500.
Tel: 01832 275044.