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Manchester Building Society – 5-Year 4.74% Fixed Remortgage

Manchester Building Society – 5-Year 4.74% Fixed Remortgage

Type: Fixed rate remortgage

Fixed term: Five years

Fixed rate: 4.74%

Minimum loan: £50,000

Maximum loan: Up to 80% of valuation subject to a maximum of £200,000

Income multiples: Up to four times principal income plus second or 2.75 times joint

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed rate period, free valuation, free legal fees, available for properties in England and Wales, available direct and through intermediaries

Arrangement fee: £999

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

Introducer’s fee: Refer to lender

Contact: www.themanchester.co.uk/brokers

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