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Newcastle Building Society – Five-Year Fixed Rate

Newcastle Building Society – Five-Year Fixed Rate

Fixed term: Until January 31, 2016

Fixed rate: 4.45%

Minimum loan: £50,000

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

Income multiples: Based on affordability

Conditions: Free valuation, free legal fees for remortgages in England and Wales or £300 cashback towards legal fees for house purchase and remortgages in Scotland

Arrangement fee: £800 completion fee plus £195 reservation fee

Redemption fee: 5% of the amount repaid in year one, 4% in year two, 3% in year three, 2% in year four, 1% of the amount repaid in year five

Introducer’s fee: Refer to lender

Tel: 0845 602 2338

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