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Marsden Building Society – Platinum 1.5 Per Cent Discount

Monday, 9 April.

Discounted term: Term of loan.

Discount: 1.5 per cent for two years, thereafter 0.5 per cent.

Payable rate: 5.49 per cent for two years, thereafter 6.49 per cent.

Minimum loan: £50,000.

Maximum loan: Up to 90 per cent of valuation subject to no maximum.

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

Arrangement fee: £295. Remortgages no arrangement fee.

Redemption fee: 1.5 per cent of advance in year one, 3 per cent in years two and three, 2 per cent in year four, 1 per cent in year five.

Conditions: Accident, sickness and unemployment cover for loans over 80 per cent of valuation. £250 cashback for customers moving house.

Introducer&#39s fee: Subject to negotiation.

Tel: 01282 440500.

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