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Monmouthshire Building Society – 2-Year 2.06% Discount Remortgage

Monmouthshire Building Society – 2-Year 2.06% Discount Remortgage

Type: Discounted-rate remortgage

Discounted term: Two years

Discount: 2.06%

Payable rate: 2.93%

Minimum loan: £30,000

Maximum loan: Up to 75% of valuation subject to a maximum of £400,000

Income multiples: Up to 4.25 times single or joint incomes

Conditions: Capital repayments of up to 10% a year allowed without penalty in the discounted-rate period, free standard valuation for properties up to £1m, free legal fees where the Society’s solicitors are used, available direct and through intermediaries

Arrangement fee: £995

Redemption fee: 2% of the amount repaid in the first two years

Introducer’s fee: Refer to lender

Contact: www.monbs.com/intermediaries

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