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MarketPlace – Exclusive New 3 Year Stepped Discount

Wednesday, 22 August 2001.

Type: Discounted rate mortgage exclusive to Bradford & Bingley IFAs.

Discounted term: Three years.

Discount: 1.85 per cent in year one, 1.5 per cent in year two, 1.25 per cent in year three.

Payable rate: 5.15 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 90 per cent of valuation subject to a maximum of £500,000, up to 85 per cent subject to a maximum of £1.7m, up to 75 per cent subject to a maximum of £2m.

Income multiples: 3.25 time principal income plus second or 2.75 times joint.

Arrangement fee: £299.

Redemption fee: 3 per cent in year one, 2 per cent in year two, 1 per cent in year three plus £1,000.

Conditions: None.

Introducers&#39 fee: None.

Tel: 0800 113333.

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