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Loughborough offers 6.99 over five years

Loughborough Building Society


FIXED RATE MORTGAGE


Fixed term: Five years.


Fixed rate: 6.99 per cent.


Minimum loan: £5,000.


Maximum loan: Purchases – up to 95 per cent of valuation subject to a maximum of £250,000. Remortgages – up to 85 per cent of valuation subject to a maximum of £250,000.


Income multiples: Three times principal income plus second or 2.5 times joint.


Arrangement fee: £250.


Redemption fee: 5 per cent of loan for first seven years.


Conditions: Compulsory buildings and contents insurance, also free accident, sickness and unemployment insurance for 12 months.


Introducer&#39s fee: None.


Tel: 01509 610707.

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