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Principality Building Society – Discount Option 4

Friday, 8 June 2001.

Discounted term: Until August 31, 2006.

Discount: 1.66 per cent until August 31, 2003, 0.66 per cent until August 31, 2006.

Payable rate: 4.79 per cent until August 31, 2003, 5.79 per cent until August, 2006.

Minimum loan: £5,000.

Maximum loan: Up to 95 per cent of valuation subject to no maximum. Remortgages up to 90 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 August 31, 2006.

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

Introducer&#39s fee: Subject to negotiation.

Tel: 0800 163817.

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