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RBS Intermediary Partners – RBS 2 Year Tracker Government Backed Shared Equity

RBS Intermediary Partners

RBS 2 Year Tracker Government Backed Shared Equity

Type: Shared equity tracker mortgage

Tracker term: Until August 31, 2011

Tracker rate: 2.99% above the Bank of England base rate

Minimum loan: £15,000

Maximum loan: Up to 75% of valuation subject to no maximum , up to 65% of valuation on new-build flats

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, no early redemption charge if borrowers switch to RBS Intermediary Partners fixed rate after three months of completion until end of tracker period

Arrangement fee: £999

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Refer to lender

Tel: 08459 001110

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