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Pink Home Loans – Three Year Stepped Discount

Tuesday, 17th October 2000.



Discounted term: Three years.



Discount: Year one &#45 3 per cent, year two &#45 2 per cent, year three &#45 1 per cent.



Payable rate: Year one &#45 4.74 per cent, year two &#45 5.74 per cent, year three &#45 6.74 per cent.



Minimum loan: £15,001.



Maximum loan: Up to 95 per cent of valuation subject to a maximum of £142,500, up to 90 per cent of valuation subject to a maximum of £500,000, up to 85 per cent of valuation subject to a maximum of £2m.



Income multiples: 3.25 times principal income plus second or 2.5 times joint.



Arrangement fee: £295.



Redemption fee: Year one &#45 3 per cent of advance, year two &#45 4 per cent of advance, year three &#45 3 per cent of advance, year four &#45 2 per cent of advance.



Conditions: None.



Introducer&#39s fee: £200.



Tel: 01543 441 530.



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