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The Loughborough Building Society – 2-Year 2.3% Discount – Direct only

The Loughborough Building Society – 2-Year 2.3% Discount – Direct only

Type: Discounted-rate mortgage

Discounted term: Two years

Discount: 2.3%

Payable rate: 2.69%

Minimum loan: £25,000

Maximum loan: Up to 80% of valuation subject to a maximum of £400,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty, available for home purchase only,

Arrangement fee: £495

Redemption fee: 5% of the amount repaid in the first two years or 5% of the original loan if mortgage is repaid in full

Introducer’s fee: None

Contact: www.theloughborough.co.uk

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