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Pink Home Loans – Exclusive 3 Year Fixed Rate

Wednesday, 16 May 2001.

Type: Fixed rate flexible mortgage.

Fixed term: Three years.

Fixed rate: 5.25 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 70 per cent of valuation subject to a maximum of £500,000, 71-75 per cent of valuation subject to a maximum of £400,000.

Income multiples: 3.5 times principal income plus second or 2.7 times joint.

Features: Interest calculated daily, overpayments, underpayments, payment holidays, lump sum withdrawal.

Arrangement fee: £250.

Redemption fee: 3 per cent of amount repaid in year one, 2 per cent in year two, 1 per cent in year three.

Conditions: Free valuation.

Introducer&#39s fee: 0.25 per cent of advance, minimum £100 maximum £1,000.

Tel: 08707 590170.


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