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Mortgage Express two-year fixed

Mortgage Express two-year fixed

Type: Fixed

Fixed term: Until 3 June 2004

Fixed rate: 5.49%

Minimum loan: £40,000

Maximum loan: £500,000 up to 50% LTV, 90% LTV up to £250,000

Income multiples: 3.25 x principal plus 1 or 2.75 x joint (employed); 3.5 x principal plus 1 or 2.75 x joint (self-employed)

Arrangement fee: £325

Redemption fee: Six months interest at underlying variable until 3 June 2006

Conditions: Unlimited CCJs up to £10,000; unlimited defaults and unlimited arrears but not in last 12 months. Available through Pink Home Loans

Introducer’s fee: 0.5%

Tel: 01543 441505

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