Thursday, December 13, 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
Income multiples: 3.5 times principal income plus second or three
Arrangement fee: £395.
Redemption fee: 6 per cent of amount repaid in years one and two, 5
per cent in year three, thereafter 1 per cent if one month's notice not
Conditions: Maximum three months payments missed in the last 12,
maximum one in the last six or none in the last three. Maximum
£3,000 CCJs, bankruptcy satisfied, individual voluntary arrangement
current and satisfactory or completed.
Introducer's fee: 1.5 per cent of loan, minimum £650 maximum
Tel: 01832 275044.