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High Street Home Loans unfurls new mortgage

Newcastle based High Street Home Loans have unfurled a new mortgage .aimed at aspiring homeowners who cannot obtain loans from traditional high street lenders.

The product offers a rate of 8.29 per cent fixed until November 2001 up to 90 per cent of the LTV where borrowers have not more than £2,000 worth of unsatisfied CCJs.

The same rate applies up to 85 per cent of LTV with unlimited CCJs and is also available for self-employed applicants on a self certified basis.

The loan is free of any application or valuation fees up to 85 per cent LTV and there are no compulsory insurances.

There are no MIG premiums to pay and no redemption penalties after three years.

A 1 per cent procuration fee is payable to brokers, subject to a maximum limit of £2000 on completion.

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Panic. It&#39s the end of the earth. Millions of people will be ripped off. The friendly local independent financial adviser who has helped so many to a healthy, wealthy retirement is no more, thanks to that nasty man at number 11 Downing Street.Well, maybe. The Gov ernment and FSA have certainly between them opened a […]

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