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6.84% 3 Year Fixed Rate until 31/10/2011

Scheme 6.84% 3 Year Fixed Rate until 31/10/2011
Scheme Type 3 Year Fixed Rate of 6.84% until 31/10/2011 then reverting to the lender's standard variable rate (currently 7%) for the remaining term, to give a current reversion rate of 7%. Free valuation for remortgages.
Overall Cost Comparison 7.5%
Early Repayment Charge 3% of redeeming balance to 31/10/10 then 2% to 31/10/11
Loan To Value 80% to £500,000
Arrangement Fee 2%
Broker Fee £297, Plus a booking fee of £99
Repayment Options Interest Only or Repayment
Rent To Interest Cover 120% at the product rate
Income Required £25,000
Minimum Mortgage Term 1 year
Maximum Mortgage Term 35 years
Minimum Age 18
Maximum Age 75
Acceptable Areas England, Wales and Scotland


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