Type: Buy-to-let discount
Discounted term: To 1 July 2003
Discounted rate: 4.34 per cent
Underlying rate: 5.84 per cent
Minimum loan to value: 75 per cent
Minimum loan: £25,001
Maximum loan: £500,000
Rental income: Must be at least 130 per cent of monthly mortgage payment.
Arrangement fee: £395 up to five properties, 1 per cent thereafter
Redemption fee: Five per cent of advance in first five years.
Introducers fee: None
Tel: 0845 6010763