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Stroud & Swindon – Discount 2.08% Buy-to-Let

Stroud & Swindon

Discount 2.08% Buy-to-Let

Type: Discounted-rate buy-to-let mortgage

Discounted term: Until May 31, 2009

Discount: 2.08%

Payable rate: 4.46%

Minimum loan; 30,000

Maximum loan: Up to 75% of valuation subject to a maximum of 250,000

Income multiples: Rental income must be at least 130% of the mortgage repayments

Conditions: Unlimited properties within a total maximum of 500,000, free basic legal fees for remortages

Arrangement fee: 199 plus ~395 completion fee

Redemption fee: 4% of mortgage balance in first two years, 3% in year three

Introducers fee: Refer to lender

Tel: 08456 024598

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