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Skipton Building Society/Connells Group – New Build 2-Year Fixed to 95% LTV

Skipton Building Society/Connells Group – New Build 2-Year Fixed to 95% LTV

Type: Fixed-rate mortgage for new-build properties

Fixed term: Until November 30, 2011

Fixed rate: 5.99%

Minimum loan: No minimum

Maximum loan: Up to 95% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period

Arrangement fee: £195 application fee

Redemption fee: 3% of the amount repaid in the first two years, thereafter interest until the end of the month

Introducer’s fee: None




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