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The Mortgage Business – Flexi 85 Three Year Tracker Mortgage

The Mortgage Business

Flexi 85 Three Year Tracker Mortgage

Type: Flexible self-cert tracker mortgage

Tracker term: Until November 30, 2009

Tracker rate: 0.79% above Bank of England base rate

Payable rate: 5.54%

Minimum loan: £25,005

Maximum loan: Up to 85% of valuation subject to a maximum of £500,000, up to 80% of valuation subject to a maximum of £800,000, up to 75% of valuation subject to a maximum of £1m, first-time buyers up to 85% of valuation subject to a maximum of £300,000

Income multiples: Based on affordability

Arrangement fee: £399

Redemption fee: 5% of mortgage balance in year one, 4% in year two, 3% in year three

Introducer’s fee: Refer to lender

Tel: 08457 523253

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