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Norwich and Peterborough – Remortgage Scheme

Thursday, 3 January 2002.

Type: Flexible tracker mortgage.

Tracker term: Term of loan.

Tracker rate: Bank of England base rate plus 0.5 per cent.

Minimum loan: £1,000.

Maximum loan: Up to 95 per cent of valuation subject to a maximum of £2m.

Income multiples: 3.25 times principal income plus second or 2.6 times joint.

Features: Overpayments, underpayments, payment holidays, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: Free standard valuation.

Introducer&#39s fee: 0.25 per cent, minimum £125 maximum £1,000.

Tel: 0845 3002522.

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