Monday, 15 October 2001.
Type: Fixed rate flexible mortgage.
Fixed term: Until January 31, 2005.
Fixed rate: 4.99 per cent.
Minimum loan: £5,000.
Maximum loan: Up to 85 per cent of valuation subject to a maximum of £1m.
Income multiples: 3.5 times principal income plus second or 2.75 times joint.
Features: Overpayments, payment holidays, interest calculated daily.
Arrangement fee: £295.
Redemption fee: 3 per cent of outstanding balance until January 31, 2007.
Conditions: Compulsory insurance choice of accident, sickness and unemployment, house and contents or homeplan until January 31, 2007. Fixed rate increases to 5.14 per cent if insurance not taken. Free legal fees for remortgages in England and Wales, £250 cashback in Scotland.
Introducers fee: Subject to negotiation.