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6.49% 3 Year Fixed Rate until 30/06/2011

Scheme 6.49% 3 Year Fixed Rate until 30/06/2011
Scheme Type 3 Year Fixed Rate of 6.49% until 30/11/2011, then reverting to the lender's standard variable rate ( currently 7.25% ) to give a current reversion rate of 7.25%.
Overall Cost Comparison 7.5%
Early Repayment Charge 5% of redeeming balance to 30/06/09, 4% to 30/06/10 and 3% to 30/06/11
Loan To Value 75% to £250,000
Arrangement Fee £999
Broker Fee £297
Repayment Options Interest only or Repayment
Rent To Interest Cover 110% at the product rate
Income Required £20,000
Minimum Mortgage Term 5 years
Maximum Mortgage Term 25 years
Minimum Age 25
Maximum Age 75
Acceptable Areas England, Scotland, Wales and parts of the Isle of Wight


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