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Platform – Four Year Fixed Rate

Platform – Four Year Fixed Rate

Type: Fixed-rate mortgage

Fixed term: Until July 31, 2014

Fixed rate: Up to 80% of valuation – 4.99%, up to 75% of valuation – 4.49%, up to 70% of valuation – 4.19%, up to 60% of valuation – 3.99%

Minimum loan: £25,001

Maximum loan: Up to 80% of valuation subject to a maximum of £750,000, up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free valuation, free legal fees for remortgages, up to six payment holidys/underpayments allowed each year, mortgage available only to Platform’s intermediary partners including Connells, Countrywide, Legal & General, London & Country, Openwork, Personal Touch Financial and Sesame

Flexible features: Overpayments, underpayments after first six months, payment holidays after first six months, interest calculated daily

Arrangement fee: £1,995

Redemption fee: 4% of the amount repaid in year one, 3% in year two, 2% in year three, 1% in year four

Introducer’s fee: 0.35% of the original loan subject to a £3,500 maximum

Tel: 0845 070 1999


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