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6.59% 3 Year Fixed Rate until 30/07/2011
| Scheme |
6.59% 3 Year Fixed Rate until 30/07/2011 |
| Scheme Type |
3 year fixed rate of 6.59% then reverting to the lender's Standard Variable Rate (currently 7.39%, variable), to give a current reversion rate of 7.39%. |
| Overall Cost Comparison |
7.6% |
| Early Repayment Charge |
4% of redeeming balance to 31/07/09, 3% to 31/07/10 and 2% to 31/07/11 |
| Loan To Value |
80% to £500,000 |
| Arrangement Fee |
£999 for loans up to £250,000 and 0.5% fee for loans up to £500,000 |
| Broker Fee |
£297 |
| Repayment Options |
Interest Only or Repayment |
| Rent To Interest Cover |
130% at the product rate |
| Income Required |
£20,000 |
| Minimum Mortgage Term |
5 Years |
| Maximum Mortgage Term |
40 Years |
| Minimum Age |
18 |
| Maximum Age |
85 |
| Acceptable Areas |
England, Wales, Scotland, Northern Ireland and Isle of Wight |
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