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Skipton Building Society – Flexible Seven Year Fixed Rate Mortgage

Skipton Building Society

Flexible Seven Year Fixed Rate Mortgage

Type: Flexible fixed-rate mortgage

Fixed term: Until April 30, 2014

Fixed rate: Loans up to 95% of valuation – 5.44%, loans up to 75% of valuation – 5.34%

Minimum loan: £5,000

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000, up to 90% of valuation subject to a maximum of £400,000, up to 85% of valuation subject to a maximum of £500,000, up to 80% of valuation subject to a maximum of £750,000, up to 75% of valuation subject t o no maximum

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, free legal fees through Skipton Home Conveyancing Service and free valuation for remortgages

Flexible features: Overpayments, payment holidays, interest calculated daily

Arrangement fee: £599

Redemption fee: 5% of amount repaid in year one, 4% in year two, 3% in years three to five, 2% in year six, 1% in year seven

Introducer’s fee; Subject to negotiation

Tel: 0800 87 66 010


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