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Newcastle Building Society – 2-Year 5.09% Fixed -Direct

Newcastle Building Society – 2-Year 5.09% Fixed -Direct

Type: Fixed-rate mortgage

Fixed term: Until April 30, 2013

Fixed rate: 5.09%

Minimum loan: £50,000

Maximum loan: Up to 80% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Free standard valuation on properties valued up to £500,000, £300 cashback for property purchase, free legal fees for remortgages in England and Wales or £300 contribution towards legal costs in Scotland and Northern Ireland

Arrangement fee: None

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

Introducer’s fee: None




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