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's fee: 0.25 per cent of advance, minimum £100 maximum £1,000.
Tel: 08707 590170.