This new addition to the Society’s portfolio is being offered for a limited period only and is available to first time buyers, house movers and remortgagors.
Key features of this market leading product are:
- Rate capped at 4.99% until 31 December 2006
- With a +0.69% above Bank of England Base Rate for mortgage term
- No minimum rate payable
- Free valuation
- Daily interest
- Discounted legal fees for remortgagors
- £250 arrangement fee (waived for remortgagors)
- £199 booking fee (paid on application, non-refundable)
- Option to repay 5% pa without penalty
- Early redemption charges: 2% of balance to 31 December 2007
