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Private Label – Combined Fixed and Discounted Mortgage

Tuesday, 17th October 2000.



Fixed term: Until October 1, 2001.



Fixed rate: 4.99 per cent.



Discounted term: October 2, 2001 – October 1, 2004.



Discount: 1 per cent.



Payable rate: 6.74 per cent.



Minimum loan: £20,000.



Maximum loan: Up to 95 per cent of valuation subject to a maximum of £250,000, up to 85 per cent of valuation subject to a maximum of £500,000, up to 75 per cent of valuation subject to no maximum.



Income multiples: Up to four times principal income plus second or three times joint.



Arrangement fee: £295.



Redemption fee: Six months&#39 interest until October 1, 2004.



Conditions: None.



Introducer&#39s fee: £200 for loans up to £100,000, 0.25 per cent of the loan subject to a maximum of £1,000 for loans above £100,000.



Tel: 01344 477477.



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