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Woolwich – Open Plan Offset Together Mortgage

Friday, 1 June 2001.



Type: Flexible tracker-rate mortgage.

Tracker term: Term of loan.

Tracker rate: Bank of England base rate plus 0.75 per cent.

Minimum loan: No minimum as balance is offset with credit balances.

Maximum loan: Up to 95 per cent of valuation subject to no maximum.

Income multiples: 3.25 times principal income plus second or 2.5 times joint.

Features: Underpayments, overpayments, payment holidays, lump sum withdrawal, interest calculated daily.

Arrangement fee: None.

Redemption fee: None.

Conditions: None.

Introducer&#39s fee: Subject to negotiation.

Contact: www.woolwich-intermediaries.co.uk.

 

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