View more on these topics

RBS Intermediary Partners – RBS Two Year Tracker

RBS Intermediary Partners – RBS Two Year Tracker

Type: Tracker mortgage

Tracker term: Until January 31, 2012

Tracker rate: 4.29% above the Bank of England base rate

Payable rate: 4.79%

Minimum loan: £25,000

Maximum loan: Up to 90% of valuation subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £1m, up to 75% of valuation subject to no maximum

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, up to 80% of valuaiton for new build houses, up to 75% of valuation for new build flats

Arrangement fee: £999

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

Introducer’s fee: Refer to lender

Tel:08459 001110

Recommended

Just Retirement looks to launch LTC product

Private equity firm Permira is to inject £25m into Just Retirement for product development under the £230m takeover deal recommended by the firm’s directors last month. Just Retirement plans to dev- elop its existing purchase life annuity into an immediate needs annuity, which is subject to more favourable tax treatment. Partnership Assurance and Axa are […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment