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Mortgage Next – Fixed Rate Fee Saver

Friday, 1 June 2001.

Type: Fixed rate mortgage for members of Mortgage Next service.

Fixed term: Until July 31, 2006.

Fixed rate: 6.09 per cent.

Minimum loan: £15,001, remortgages £25,001.

Maximum loan: Up to 95 per cent of valuation subject to no maximum.

Income multiples: Subject to negotiation.

Arrangement fee: £299.

Redemption fee: 7 per cent of amount repaid plus £100 until July 31, 2002, 6 per cent plus £100 until July 31, 2004, 5 per cent plus £100 until July 31, 2006.

Conditions: Free valuation, free legal fees for remortgages.

Introducer&#39s fee: £500.

Tel: 020 7620 0100.

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