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Skipton Building Society – Flexible Two-Year Fixed Rate Mortgage

Friday, 29th September 2000

Type: Fixed-rate flexible mortgage.

Fixed term: Until October 31, 2002.

Fixed rate: Up to 80 per cent of valuation with insurance – 5.49 per cent, up to 80 per cent of valuation without insurance – 5.74 per cent, up to 95 per cent of valuation with insurance – 5.74 per cent, up to 95 per cent of valuation without insurance – 5.99 per cent.

Minimum loan: £5,000.

Maximum loan: Up to 80 per cent of valuation subject to a maximum of £375,000, up to 95 per cent of valuation subject to a maximum of £200,000.

Income multiples: 3.5 times principal income plus second or 2.75 times joint.

Features: Interest calculated daily, payment holidays, overpayments.

Arrangement fee: £295.

Redemption fee: 3 per cent of advance until October 31, 2002.

Conditions: Choice of Skipton house and contents, Skipton homeplan or Skipton assured insurance.

Introducer&#39s fee: £100.

Tel: 01756 705035.


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