Monday, 16th October 2000.
Type: Capped rate mortgage followed by a discounted rate.
Capped term: Until August 1, 2002.
Capped rate: 5.99 per cent.
Discounted term: August 2, 2002 - August 1, 2004.
Discount: 1.2 per cent.
Payable rate: 6.54 per cent.
Minimum loan: £25,001.
Maximum loan: Up to 95 per cent of valuation subject to no maximum.
Income multiples: 3.5 times principal income plus second or 2.75 times joint.
Arrangement fee: £299.
Redemption fee: Year one - 5 per cent of advance, year two - 5 per cent of advance, year three - 4 per cent of advance, year four - 4 per cent of advance, year five - 3 per cent of advance.
Introducer's fee: 0.5 per cent of loan.
Tel: 020 7620 0100.