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Wave Lending – Almost Prime Three-Year Fixed

Wave Lending

Almost Prime Three-Year Fixed

Type: Adverse credit fixed rate mortgage

Fixed term: Three years

Fixed rate: 7.18%

Minimum loan: £25,000

Maximum loan: Up to 75% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Conditions: Up to £250 in CCJs/defaults in last three years but none in the last six months, no arrears in the last 12 months, bankruptcy/IVA not accepted, capital repayments of up to £5,000 a year allowed without penalty, free standard legal fees for remortgages

Arrangement fee: 2% of the original loan

Redemption fee: 6% of the amount repaid in year one, 5% in year two, 4% in year three

Introducer’s fee: Full status applications 0.35% of original loan, self-cert 0.5%, let-to-buy 0.5%

Tel: 0800 358 3758


Recovery position

It is a natural reaction to be bearish amid current uncertainty over the depth and duration of the economic slowdown and investors have mostly flocked to defensive sectors. It is interesting that the normally cyclical commodities sector is trading at elevated prices despite recessionary concerns. Conversely, banks, retailers and housebuilders have been punished.


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  1. Please I need my dd to set on this details account mrs n sokhi 090127 841455567 …. Santander

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