Type: Discounted rate offset tracker mortgage
Discounted term: Until June 30, 2007
Discount: 1%
Payable rate: 4.24%
Tracker term: Lifetime of loan
Tracker rate: 0.49% above Bank of England base rate
Minimum loan: £500,000
Maximum loan: Up to 85% of valuation subject to a maximum of £2m
Income multiples: Based on affordability
Flexible features: Overpayments, underpayments, payment holidays, lump sum withdrawals, interest calculated daily
Arrangement fee: £1,499
Redemption fee: None
Introducer’s fee: Refer to lender
Tel: 0845 070 1567
Comments