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Mortgage Next – BM Solutions Self-Certification Tracker Discount

Type: Discounted-rate self-cert tracker remortgage product

Discounted term: Three years

Discount: 0.9%

Tracker term: Life of loan

Tracker rate: Bank of England base rate plus 0.85% in first three
years, Bank of England base rate plus 1.75% thereafter

Payable rate:4.6%

Minimum loan: £25,001

Maximum loan: Up to 85% of valuation subject to a maximum of
£350,000, up to 80% of valuation subject to a maximum of £500,000,
up to 75% of valuation subject to a maximum of £1m

Income multiples: Up to 3.25 times principal income plus second or
2.75 times joint

Conditions: Free valuation of up to £460, free legal fees

Arrangement fee: £349

Redemption fee: 5% of amount repaid in year 1, 4% in year two, 3%
in year three

Introducer&#39s fee: 0.5% subject to £200 minimum and £5,000
maximum

Tel: 01883 333100
MORTGAGE NEXT
Platform Self-Certification Tracker Discount with Cashback
Type: Discounted rate self-cert tracker remortgage
Discounted term: Two years
Discount: 1.4% in year one, 0.36% in year two
Tracker term: Life of loan
Tracker rate: Bank of England Base rate plus 0.35% in year one,
Bank of England base rate plus 1.39% in year two, Bank of England
base rate plus 1.75% thereafter
Payable rate: 4.1%
Minimum loan: £50,000
Maximum loan: Up to 85% of valuation subject to a maximum f £300,
000, up to 75% of valuation subject to a maximum of £500,000
Income multiples: Up to 3.5 plus second or three times joint
Conditions: £300 cashback, overpayments of up to 1,000 allowed
without penalty
Arrangement fee: £395
Redemption fee: 5% of amount repaid in first two years, one month&#39s
interest or notice thereafter
Introducer&#39s fee: 0.6%
Tel: 01883 333100

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