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Pink Home Loans – BM Solutions QYX BBR + 2.69%

Type:
Adverse credit base rate tracker mortgage

Tracker term:
Two years

Tracker rate:
2.69% above Bank of England base rate

Payable rate:
6.94%

Minimum loan:
£25,001

Maximum loan:
Up to 95% of valuation subject to a maximum of £150,000,
up to 90% of valuation subject to a maximum of £250,000,
up to 85% of valuation subject to a maximum of £350,000,
up to 80% of valuation subject to a maximum of £500,000

Income multiples:
Up to 3.5 times principal income plus second
or three times joint

Conditions:
Maximum £2,000 in CCJs but none in last 12 months,
maximum two months&#39 arrears, bankruptcy discharged for at least two years, IVAs satisfied for at least 12 months

Arrangement fee:
£449

Redemption fee:
5% of amount repaid in year one,
4% in year two

Introducer&#39s fee:
Online applications 1% of original loan,
paper applications 0.5%

Tel: 08707 590170

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