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Skipton Building Society – Seven-Year Fixed Rate

Skipton Building Society

Seven-Year Fixed Rate

Type: Fixed-rate mortgage

Fixed term: Until June 30, 2014

Fixed rate: 5.69%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to no maximum

Income multiples: Up to four times principal income plus second or 3.25 times joint

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

Flexible features: Overpayments, payment holidays, interest calculated daily

Arrangement fee: £599

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

Introducer’s fee: Subject to negotiation

Tel: 08706 061621

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