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Nationwide – 2-Year Fixed Rate to 60% LTV

Nationwide – 2-Year Fixed Rate to 60% LTV

Type: Fixed-rate mortgage

Fixed term: Two years

Fixed rate: 3.39%

Minimum loan: £25,000

Maximum loan: Up to 60% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to £500 a month, loans above 50% of valuation available only on a repayment basis

Flexible features: Overpayments up to £500 a month, underpayments subject to approval, interest calculated daily

Arrangement fee: £900, or £400 for first time buyers, plus £99 booking fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Refer to lender

Contact: www.nationwide-intermediary.co.uk

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