Thursday, 12th October 2000.
Fixed term: Until October 1, 2003.
Fixed rate: 6.99 per cent.
Minimum loan: £25,001.
Maximum loan: First time buyers – up to 80 per cent of valuation subject to a maximum of £150,000. Existing borrowers – up to 80 per cent of valuation subject to a maximum of £500,000.
Income multiples: 3.5 times principal income plus second or 2.75 times joint.
Arrangement fee: £299.
Redemption fee: 3 months' interest in year one, 2 months' interest year two, one months' interest until end of term.
Conditions: Up to 3 CCJs per applicant up to a total of £1,000.
Introducer's fee: 0.5 per cent of advance.
Tel: 01543 441530.