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Global Mortgage Service – Three Year Fixed Rate

Thursday 3 January, 2002

Type: Buy-to-let fixed rate mortgage.

Fixed term: Until January 31, 2005.

Fixed rate: 5.25 per cent.

Minimum loan: £25,000.

Maximum loan: £1m.

Income multiples: Rental income must be 130 per cent of monthly mortgage payment.

Arrangement fee: £195.

Redemption fee: 3 per cent of advance in year one, 2 per cent of advance in year two, 1 per cent of advance in year three.

Conditions: 10 per cent a year capital repayment allowed without penalty.

Introducer&#39s fee: Subject to negotiation.

Tel: 020 8920 5817.

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