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UCB Home Loans – 2 Year Discount

Thursday, November 22, 2001.



Type: Discounted rate self-certification mortgage.

Discounted term: Two years.

Discount: 1.65 per cent.

Payable rate: 5.44 per cent.

Minimum loan: £25,000.

Maximum loan: Loans of up to 50 per cent of valuation subject to a

maximum of £750,000, 51-70 per cent subject to a maximum of

£500,000, 71-80 per cent subject to a maximum of £300,000, 81-85

per cent subject to a maximum of £200,000.

Income multiples: 3.25 times principal income plus second or 2.75

times joint.

Arrangement fee: £295.

Redemption fee: 100 per cent of discount received in year one, 80 per

cent in year two.

Conditions: None.

Introducer&#39s fee: Subject to negotiation.

Tel: 0845 9401400.

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