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Platform Home Loans – Fast Track Jumbo

Tuesday, 17th October 2000.



Type: Self-certification mortgage.



Discounted term: Until August 1, 2001.



Discount: 1.25 per cent.



Payable rate: 4.5 per cent above LIBOR rate.



Minimum loan: £500,000.Maximum loan: Up to 70 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: Year one &#45 five per cent of advance, year two &#45 three per cent of advance, year three &#45 two per cent of advance, one month&#39s notice or one per cent of advance thereafter.



Conditions: Building insurance fee of £30 a year if cover not arranged through Platform Home Loans.



Introducer&#39s fee: 1 per cent of loan.



Tel: 0845 600 7100.


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