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Mercantile Building Society three-year discount

Mercantile Building Society three-year discount

Type: Discounted

Discounted term: Three years

Discount: 1.45%

Payable rate: 4.39%

Minimum loan: £25,000

Maximum loan: £250,000

Income multiples: 4 x higher plus 1, or 2.75 x joint up to 50% LTV; 3.5 x higher plus 1, or 2.75 x joint up to 75%; 3.25 x higher plus 1, or 2.5 x joint up to 90% LTV; 3 x higher plus 1, or 2.5 x joint up to 95% LTV

Arrangement fee: None

Redemption fee: 1.45%

Conditions: Only available up to 75% outside of north east

Introducer’s fee: £250

Tel: 0191 2959 599

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