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Manchester Building Society – Permanent Discount Scheme

Thursday, 23 August 2001.

Discounted term: Term of loan.

Discount: 0.6 per cent.

Payable rate: 6.4 per cent.

Minimum loan: £50,000.

Maximum loan: Up to 85 per cent of valuation subject to a maximum of £500,000.

Income multiples: Up to 80 per cent of valuation 3.5 times principal income plus second or 2.75 times joint, up to 85 per cent three times principal income plus second or 2.5 times joint.

Arrangement fee: None.

Redemption fee: Three months&#39 interest in first five years.

Conditions: None.

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

Tel: 0161 833 8884.

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