Tuesday, October 30, 2001.
Type: Tracker mortgage.
Tracker term: Term of loan.
Tracker rate: Bank of England base rate plus 2.25 per cent.
Minimum loan: £25,001.
Maximum loan: Up to 50 per cent of valuation subject to a maximum of £1m.
Income multiples: 3.5 times principal income plus second or three times joint.
Arrangement fee: £395.
Redemption fee: 6 per cent of amount repaid in first three years.
Conditions: Unlimited CCJs, unlimited arrears, bankruptcy discharged, individual voluntary arrangement well conducted.
Introducer's fee: 1 per cent of loan, minimum £500 maximum £5,000.
Tel: 08707 590170.