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Pink Home Loans launches a two year fix for self-cert market

Pink Home loans has launched a two-year, fixed-rate, self-certification mortgage.


The loan, offered in conjunction with The Mortgage Business, is fixed at 6.29 per cent until October 1, 2001. It is available to self-certified applicants up to 85 per cent of valuation.


Self-certification borrowers can fix up to 90 per cent of valuation for the same period at 6.79 per cent.


Both rates carry a redemption penalty of four months&#39 interest if redeemed in the fixed rate period.


A procuration fee of 0.5 per cent of the loan is payable to intermediaries

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