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5.99% 3 Year Fixed Rate until 30/06/2011

Scheme 5.99% 3 Year Fixed Rate until 30/06/2011
Scheme Type 3 year fixed rate of 5.99% until 30/06/2011, then reverting to the lender's Standard Variable Rate (currently 7%, variable) for the remaining term, to give a current reversion rate of 7% Free valuation for remortgages
Overall Cost Comparison 7.3%
Early Repayment Charge 3% of redeeming balance to 30/06/2010 then 2% to 30/06/2011
Loan To Value 80% to £500,000
Arrangement Fee 2.5%
Broker Fee £297, Plus a booking fee of £99
Repayment Options Interest Only or Repayment
Rent To Interest Cover 120% at 5.99%
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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