Legal & General Mortgage Club – Newcastle Building Society 2-Year 5.95% Fixed to 95% LTV

Type: Fixed-rate mortgage

Fixed term: Until March 31, 2014

Fixed rate: 5.95%

Minimum loan: £10,000

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to £500 a month allowed without penalty in the fixed-rate period

Arrangement fee: £800 completion fee plus £195 reservation fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: 0.33% of the original loan