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Legal & General – Flexible Reserve 95 Per Cent

Wednesday, 16 May 2001.

Type: Discounted rate flexible mortgage.

Discounted term: Two years.

Discount: 0.3 per cent.

Payable rate: 5.8 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000.

Income multiples: 3.5 times principal income plus second or 2.7 times joint.

Features: Overpayments, underpayments, payment holidays, lump sum withdrawal, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: None.

Introducer&#39s fee: Subject to negotiation.

Tel: 0870 0100338.

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