Monday, April 30 2001.
Type: Discounted rate flexible mortgage.
Discounted term: 12 months.
Discount: 2.5 per cent.
Payable rate: 5.24 per cent.
Minimum loan: £25,001.
Maximum loan: Up to 80 per cent of valuation subject to a maximum of £500,000, 81-85 per cent of valuation subject to a maximum of £300,000.
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's fee: 0.35 per cent of loan.
Tel: 01132 961385.