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Genesis Home Loans Planets & Moons

Genesis Home Loans Planet & Moons Mercury

Type: One-year discount

Discounted term: Until June 1 2003

Discount: 1.6%

Payable rate: 6.27%

Minimum loan: £40,000

Maximum loan: £200,000

Income multiples: 3.5 x plus 1 or 3 x joint

Arrangement fee: £395

Redemption fee: 6% in year one, 6% in year two, 5% in year three, thereafter 1% of amount redeemed or one month’s notice in lieu

Conditions: Full status, no CCJ defaults in the last 12 months maximum £3,000. One month’s mortage arrears cleared by application. Bancruptcy discharged one year, IVA completed one year. Packaged through Platform Home Loans

Introducer’s fee: Refer to packager

Contact: 01832 275 044

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