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Newcastle Building Society – Two-Year Fixed -Direct

Newcastle Building Society – Two-Year Fixed -Direct

Type: Fixed-rate mortgage

Fixed term: Until January 31, 2013

Fixed rate: 2.95%

Minimum loan: £50,000

Maximum loan: Up to 60% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Available for purchase only, available through branches only, £27 initial fee and annual £5 fee made where the society’s buildings insurance is not taken

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

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

Introducer’s fee: None

Contact: www.newcastle.co.uk

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