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Halifax Intermediary – 2-Year New Build Tracker

Halifax Intermediary – 2-Year New Build Tracker

Tracker term: Until November 30, 2012

Tracker rate: 3.99% above the Bank of England base rate

Payable rate: 4.49%

Minimum loan: No minimum

Maximum loan: Up to 80% 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 tracker period, for purchase of new build properties only, free valuation

Flexible features: Overpayments, underpayments, payment holidays, interest calculated daily

Arrangement fee: £999 plus £245 mortgage account fee

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

Introducer’s fee: Refer to lender

Tel: 0845 608 0038

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