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Halifax Intermediary – 2-Year 6.99% Fixed Affordable Housing

Halifax Intermediary – 2-Year 6.99% Fixed Affordable Housing

Type: Fixed-rate mortgage for affordable housing schemes

Fixed term: Until November 30, 2012

Fixed rate: 6.99%

Minimum loan: No minimum

Maximum loan: Up to 90% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, available on a repayment basis only,

Arrangement fee: £999 plus £245 mortgage account fee

Redemption fee: 3% of the amount in year one, 2% in year two

Introducer’s fee: Refer to lender

Contact: www.halifax-intermediaries.co.uk

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