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Pink Home Loans – Precise Mortgages Two-Year Near Prime Libor Tracker 4.79%

Pink Home Loans – Precise Mortgages Two-Year Near Prime Libor Tracker 4.79%

Type: Adverse credit capped tracker mortgage

Tracker term: Two years

Tracker rate: 4.04% above Libor

Payable rate: 4.79%

Minimum loan: £25,001

Maximum loan: Up to 80% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Conditions; One default up to £500 allowed in the last 36 months, no CCJs and no arrears allowed, applicants must have a clear credit record for three months prior to application, available only to Pink appointed representatives

Arrangement fee: £995

Redemption fee: None

Introducer’s fee: 0.6% of the original loan



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