Thursday, 15th March 2001.
Type: Discounted rate cashback mortgage.
Discounted term: Two years.
Discount: Three per cent in first year, two per cent in second year.
Payable rate: 6.8 per cent.
Minimum loan: £1,000. Remortgages for capital raising £25,001.
Maximum loan: Up to 90 per cent of valuation subject to a maximum of £500,000.
Income multiples: 2.5 times joint income.
Arrangement fee: £125.
Redemption fee: Five per cent of amount repaid until June 1, 2006.
Conditions: Free valuation. Cashback 1 per cent of advance.
Introducer's fee: 0.25 per cent of advance, minimum £100.
Tel: 01902 796519.