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Platform Home Loans – Full Status 7.55 Per Cent Capped

Thursday, 29th March 2001.



Capped term: Until July 1, 2002.

Capped rate: 7.55 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 90 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: £395.

Redemption fee: 6 per cent of initial loan in years one and two, 5 per cent in year three.

Conditions: None.

Introducer&#39s fee: 1 per cent of loan, minimum £500.

Tel: 0845 6007100.

 

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