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6.61% 3 Year Fixed Rate until 26/07/2011
| Scheme |
6.61% 3 Year Fixed Rate until 26/07/2011 |
| Scheme Type |
3 year fixed rate of 6.61% until 26/07/2011, then reverting to the lender's Standard Variable Rate (currently 7.34%, variable) + 0.50% for the remaining term to give a current reversion rate of 7.84%
This product is for loans over £150,000
Remortgage only, free valuation and legal service. |
| Overall Cost Comparison |
8.0% |
| Early Repayment Charge |
11 months interest at the product rate until 26/07/09, 9% until 26/07/10 then 8% until 26/07/11 |
| Loan To Value |
75% to £500,000 |
| Arrangement Fee |
£690 |
| Broker Fee |
£297 Plus £1310 Booking Fee |
| 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 |
40 Years |
| Minimum Age |
25 |
| Maximum Age |
67 |
| Acceptable Areas |
England, Wales, Scotland, Northern Ireland |
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