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Kensington Mortgage Company – Two Year Capped Tracker 60% LTV

Kensington Mortgage Company – Two Year Capped Tracker 60% LTV

Tracker term: Until August 31, 2013

Tracker rate: 2.29% above Libor

Payable rate: 3.14%

Capped term: Until August 31, 2013

Capped rate: 4.79%

Minimum loan: £25,001

Maximum loan: Up to 60% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Available only for properties in England and Wales

Arrangement fee: £999

Redemption fee: 5% of the original loan in the first two years

Introducer’s fee: 0.4% of the original loan

Tel: 0800 111020

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