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Principality Building Society – Discount Option 1

Wednesday, 11 April 2001.

Discounted term: Until June 30, 2006.

Discount: 1.06 per cent.

Payable rate: 5.89 per cent.

Minimum loan: £5,000.

Maximum loan: Up to 75 per cent of valuation subject to no maximum.

Income multiples: 3.5 times principal income plus second or 2.5 times joint.

Arrangement fee: None.

Redemption fee: Repayment of cashback until June 30, 2006.

Conditions: 0.19 per cent added to payable rate if Principality buildings and contents insurance not taken. Free valuation.

Introducer&#39s fee: Subject to negotiation.

Tel: 0800 163817.

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