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Leeds & Holbeck – Buy to Let Fixed

Type: Fixed rate buy-to-let mortgage

Fixed term: Until December 1, 2006

Fixed rate: 4.99%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Up to 3.25 times principal income plus second, 2.5 times joint, or rental income must be at least 130% per cent of monthly mortgage payment

Conditions: Up to 10% capital repayments allowed each year without penalty

Redemption fee: Six months&#39 interest until December 1, 2004, five months&#39 interest until December 1, 2005, four months&#39 interest until December 1, 2006

Arrangement fee: £449

Introducer&#39s fee: 0.35% of original loan

Tel: 0121 643 6741


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