Thursday, 9th November 2000.
Discounted term: Five years.
Discount: Up to 75 per cent of valuation 1.6 per cent, 76-90 per cent of valuation 1.5 per cent, 91-95 per cent of valuation 1.4 per cent.
Payable rate: Up to 75 per cent of valuation 5.89 per cent, 76-90 per cent of valuation 5.99 per cent, 91-95 per cent of valuation 6.09 per cent.
Minimum loan: £1,000 for Nottingham building society customers, otherwise £20,000.
Maximum loan: Up to 95 per cent of valuation subject to a maximum of £150,000.
Income multiples: Three times principal income plus second or 2.5 times joint.
Arrangement fee: None.
Redemption fee: Amount borrowed times discount received plus any loyalty bonus during discounted period.
Conditions: Buildings insurance with Nottingham building society, or a fee of £25 is charged.
Introducer's fee: Loans from £20,000-£59,999 – £100, loans from £60,000-£99,999 – £150, loans of £100,000 or over – £200.
Tel: 01159 481444.
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