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Scottish Life Mortgages – Britannic Money 12 Month Discount 75 Per Cent

Friday, 27 April.

Type: Discounted rate flexible mortgage.

Discounted term: 12 months.

Discount: 2.5 per cent.

Payable rate: 4.99 per cent.

Minimum loan: £25,001.

Maximum loan: Up to 75 per cent of valuation subject to a maximum of £500,000.

Income multiples: 3.25 times principal income plus second or 2.75 times joint.

Features: Overpayments, underpayments, payment holidays, lump sum withdrawal, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditons: £250 cashback or £250 towards valuation costs whichever is greater. Free legal service for remortgages in England and Wales.

Introducer&#39s fee: 0.35 per cent of loan.

Tel: 01132 961385.

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