Type: Fixed-rate mortgage
Fixed term: Until May 31, 2014
Fixed rate: 4.3%
Minimum loan: £50,000
Maximum loan: Up to 80% of valuation subject to a maximum of £350,000
Income multiples: Based on affordability
Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, free legal fees for remortgages, available only for properties in England and Wales
Flexible features, Overpayments, payment holidays, interest calculated daily
Arrangement fee: £200 plus £95 admin fee
Redemption fee: 3% of the amount repaid in the first three years
Introducer’s fee: None
Contact: www.mhbs.co.uk