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Scarborough Building Society- Flexible Lifetime 1.25 Per Cent Discount

Friday, 31 August 2001.

Type: Discounted rate flexible mortgage.

Discounted term: Term of loan.

Discount: 1.25 per cent.

Payable rate: 5.49 per cent.

Minimum loan: £25,000.

Maximum loan: Up to 95 per cent of valuation subject to a maximum £250,000.

Income multiples: Three times principal income plus second or 2.5 times joint.

Features: Overpayments, underpayments, payment holidays, interest calaculated monthly.

Arrangement fee: None.

Redpemtion fee: None.

Conditions: Valuation fee refunded on completion subject to a maximum of £400.

Introducers&#39 fee: £150 – £25,000-£74,999, £175 – £75,000-£149,999, £200 – £150,000 plus.

Tel: 08705 133149.

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