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Universal Building Society – 3 Year Discount

Discounted term: 3 years

Discount: 3% in year one, 2% in year two, 1% in year three

Payable rate: 2.8% in year one, 3.8% in year two, 4.8% in year three

Minimum loan: £20,000

Maximum loan: £350,000

Income multiples: 3 times principal income, or 2.5 times joint income

Arrangement fee: £295

Redemption fee: 6% of advance in first four years

Conditions: compulsory insurance

Introducer&#39s fee: £100, negotiable

Tel: 0800 0288 383

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