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Manchester Building Society – Flexible Tracker Scheme 1

Monday, 13 August 2001.

Type: Flexible tracker mortgage.

Tracker term: 5 years.

Tracker rate: Bank of England base rate plus 0.7 per cent.

Minimum loan: £80,000.

Maximum loan: Up to 80 per cent of valuation subject to a maximum of £500,000.

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

Features: Overpayments, payment holidays, lump sum withdrawals, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: None.

Introducer&#39s fee: Initial 0.2 per cent subject to a maximum of £500.

Tel: 0161 8338884.

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