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Lambeth B.S caps to January 2001

Lambeth Building Society


Capped term: Until January 1, 2001.

Capped rate: 7.75 per cent.

Payable rate: 6.55 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 75 per cent of valuation subject to a maximum of £350,000.

Income multiples: Three times principal income plus second or 2.5 times joint.

Arrangement fee: £295 or 0.3 per cent of loan for loans above £100,000.

Redemption fee: 5 per cent in first six years.

Conditions: Compulsory buildings insurance otherwise 0.5 per cent is added to rate. If ASU insurance taken rate is reduced by 0.15 per cent.

Introducer&#39s fee: Loans up to £50,000 – £100, loans of £50,000 plus – £150. Also a bonus payment of £200 is payable if six cases are referred in any one year.

Tel: 0645 909192.


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Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


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