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Market Harborough – Fixed Rate Flexible Mortgage

Tuesday, 24th October 2000.

Type: Fixed rate flexible mortgage.

Fixed term: Until December 31, 2005.

Fixed rate: 6.35 per cent or 6.25 per cent if application submitted via website.

Minimum loan: £30,000.

Maximum loan: Up to 85 per cent of valuation subject to a maximum of £400,000.

Income multiples: Up to 75 per cent of valuation 3.25 times principal income plus second or 2.75 times joint. 76-85 per cent of valuation, three times principal income plus second or 2.5 times joint.

Features: Interest calculated daily, payment holidays, lump sum withdrawals, overpayments, underpayments.

Arrangement fee: £295.

Redemption fee: Six months&#39 interest on amount repaid during fixed rate period, thereafter one months&#39 interest if one months&#39 notice is not given.

Conditions: None.

Introducer&#39s fee: £150 for loans over £30,000. An additional £75 for loans over £75,000 and under 75 per cent of valuation. A further £30 if Market Harborough buildings and contents insurance is sold.

Tel: 01858 463244.


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