6.49% 3 Year Discount Rate, variable

Scheme	6.49% 3 Year Discount Rate, variable
Scheme Type	6.49% variable, Bank of England Base Rate (currently 5%) + 1.49% for 3 years, then reverting to a variable rate of Bank of England Base Rate + 2.44% for the remaining term, to give a current reversion rate of 7.44%.
Overall Cost Comparison	7.7%
Early Repayment Charge	3% of redeeming balance for the first 3 years
Loan To Value	75% to Ł1m
Arrangement Fee	2%
Broker Fee	Ł297
Repayment Options	Interest Only or Repayment
Rent To Interest Cover	125% at the product rate
Income Required	Ł25,000
Minimum Mortgage Term	5 years
Maximum Mortgage Term	40 years
Minimum Age	18
Maximum Age	75
Acceptable Areas	England, Wales, Scotland and Northern Ireland

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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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