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Leeds & Holbeck – 10 Year Fixed Rate

Type:
Fixed-rate mortgage

Fixed term:
Until January 1, 2015

Fixed rate:
5.74%

Minimum loan:
£25,000

Maximum loan:
Up to 95% of valuation subject to a maximum of £200,000,
up to 90% of valuation subject to a maximum of £300,000,
up to 85% of valuation subject to a maximum of £400,000,
up to 80% of valuation subject to a maximum of £500,000

Income multiples:
Up to 95% of valuation &#45 up to 3.5 times principal income plus second or 2.75 times joint, up to 90% of valuation &#45 up to 3.75 times principal income plus second or three times joint, up to 80% of valuation &#45 up to four times principal income plus second or 3.25 times joint, up to 75% of valuation &#45 4.25 times principal income plus second or 3.5 times joint

Conditions:
Capital repayments of up to 10% a year allowed without penalty, six months&#39 free mortgage payment protection insurance

Arrangement fee:
£599-£749 depending on size of loan

Redemption fee:
6% of amount repaid in years one and two,
5% in years three to six,
4% in years seven and eight,
3% in year nine,
2% in year 10

Introducer&#39s fee:
0.25% of original loan

Tel: 01543 418104

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