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's fee: None.
Tel: 01509 610707.