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Pink Home Loans – Abbey/Santander 2-Year Fixed Feed Assisted Remortgage

Pink Home Loans – Abbey/Santander 2-Year Fixed Feed Assisted Remortgage

Type: Fixed-rate remortgage

Fixed term: Until May 2, 2013

Fixed rate: 3.98%

Minimum loan: £5,000

Maximum loan: Up to 80% of valuation subject to a maximum of £550,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, free valuation for properties valued up to £2.5m free legal fees, available only through intermediaries

Arrangement fee: £995 plus £225 mortgage account fee

Redemption fee: 3% of the mortgage balance in the first two years, plus repayment of legal fees up to £200 if mortgage redeemed on or before April 2, 2013

Introducer’s fee: 0.35-0.37% of the original loan



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