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Legal & General Mortgage Club – Abbey For Intermediaries 2-Year Tracker Remortgage

Legal & General Mortgage Club – Abbey For Intermediaries 2-Year Tracker Remortgage

Type: Tracker remortgage

Tracker term: Two years

Tracker rate: 1.95%above the Bank of England base rate

Payable rate: 2.45%

Minimum loan: £6,000

Maximum loan: Up to 70% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the tracker period subject to a £500 minimum, free valuation, free legal fees

Arrangement fee: £995 booking fee plus £225mortgage account fee

Redemption fee: 2% of the amount repaid in the first two years plus £200 to cover repayment of legal fees if mortgage redeemed on or before February 2, 2013

Introducer’s fee: 0.35% of the original loan

Tel: 01226 230504

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