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SQ2 – Bristol & West Two-Year Stepped Discount

Type:
Stepped discounted rate mortgage

Discounted term:
Two years

Discount:
3.2% in year one,
0.54% in year two

Payable rate:
2.59%

Minimum loan:
£1,501

Maximum loan:
Up to 95% of valuation subject to a maximum of £150,000,
up to 90% of valuation subject to a maximum of £450,000,
up to 75% of valuation subject to a maximum of £1m

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

Redemption fee:
5% of amount repaid in first two years

Conditions:
£399 cashback

Introducer&#39s fee:
0.3% of original loan subject to minimum of £150

Tel: 0870 4204101

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