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Principality Building Society – Discount Option 2

Thursday, 5 April 2001.

Discounted term: Until June 30, 2006.

Discount: 2.66 per cent until December 31, 2001, 1.66 per cent until December 31, 2002, 0.66 per cent until June 30, 2006.

Payable rate: 4.29 per cent until December 31, 2001, 5.29 per cent until December 31, 2002, 6.29 per cent until June 30, 2006.

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: 3 per cent of amount repaid until June 30, 2006.

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

Introducer&#39s fee: Subject to negotiation.

Tel: 0800 163817.

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