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Pink Home Loans – Mortgages PLC Light Adverse Three Year Stepped Discount

??!?ted-rate adverse credit mortgage

Discounted term: Three years

Discount: 1.75% in year one, 0.5% in year two, 0.25% in year three

Payable rate: Up to 90% of valuation self cert 6.65%, full status 6.15%, up to 85% of valuation se…

Type: Discounted-rate adverse credit mortgage

Discounted term: Three years

Discount: 1.75% in year one, 0.5% in year two, 0.25% in year three

Payable rate: Up to 90% of valuation self cert 6.65%, full status 6.15%, up to 85% of valuation self cert 6.4%, full status 5.9%, up to 80% of valuation self cert 5.9%, full status 5.65%, up to 75% of valuation self cert 5.7%, full status 5.45%, up to 70% of valuation self cert 5.5%, full status 5.3%

Minimum loan: 25,001

Maximum loan: Up to 90% of valuation subject to a maximum of 300,000, up to 85% of valuation subject to a maximum of 500,000, up to 80% of valuation subject to a maximum of 1m

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

Conditions: Up to 4,000 in unsatisfied CCJs in last two years, up to three months arrears in last 12 months accepted but no more than one in the last three months, IVA satisfied and bankruptcy discharged for at least six months accepted

Arrangement fee: 499

Redemption fee: 6% of amount repaid in first three years, thereafter one months notice or interest

Introducers fee: 1.25% of original loan subject to a 500 minimum and 5,000 maximum

Tel: 08707 590170

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