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Nottingham Building Society – 2-Year BBR + 3.39% Tracker

Nottingham Building Society – 2-Year 3.39% Tracker

Type: Tracker mortgage

Tracker rate: 2.89% above the Bank of England base rate

Payable rate: 3.39%

Minimum loan: £30,000

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

Income multiples: Up to 3.75 times single or main income

Conditions: Capital repayments of up to 10% a year subject to a £500 minimum allowed without penalty in the tracker period, free in-house legal fees for remortgages, available only for properties in England and Wales, available to selected intermediaries

Arrangement fee: £995 application fee

Redemption fee: 3% of the mortgage balance in the first two years

Introducer’s fee: 0.35% of the original loan subject to a £200 minimum and £1,500 maximum

Contact: www.thenottingham-intermediaries.com

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