6.74% 3 Year Discounted Rate until 31/05/2011, variable

Scheme	6.74% 3 Year Discounted Rate until 31/05/2011, variable
Scheme Type	6.74% variable, Bank of England Base Rate (currently 5%) + 1.74% until 31/05/2011, then reverting to a variable rate of Bank of England Base Rate + 1.75% for the remaining term, to give a current reversion rate of 6.75%. Holiday Let Product.
Overall Cost Comparison	7.1%
Early Repayment Charge	5% of redeeming balance to 31/05/10 then 4% to 31/05/11
Loan To Value	80% to Ł500000
Arrangement Fee	Ł799
Broker Fee	Ł297
Repayment Options	Interest only or Repayment
Rent To Interest Cover	145% at the product rate
Income Required	Ł10,000
Minimum Mortgage Term	10 years
Maximum Mortgage Term	35 years
Minimum Age	21
Maximum Age	No Maximum
Acceptable Areas	England, Wales, Scotland, Northern Ireland and Isle of Wight

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ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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