Monday, 16th October 2000.
Type: Discounted rate mortgage tracking the Bank of England base rate.
Discounted term: Three years.
Discount: 1 per cent.
Payable rate: 6.99 per cent.
Minimum loan: £25,001.
Maximum loan: Up to 75 per cent of valuation subject to a maximum of £350,000.
Income multiples: 3.25 times principal income plus second or 2.75 times joint or 6.5 times estimated annual rental income.
Arrangement fee: £495.
Redemption fee: Year one - 100 per cent of the discount, year two - 80 per cent of the discount, year three - 60 per cent of the discount.
Introducer's fee: Subject to negotiation.
Tel: 0845 9401 400.