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  • 15/02/2002
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Lender Telephone Rate Period Discount Max LTV Incentive Advance Fee Comp Proc Redemption Income Inde...

Lender Telephone Rate Period Discount Max LTV Incentive Advance Fee Comp Proc Redemption Income Indemnity

HP remtg ins fee penalty multiples added

Fixed rates with no redemption tie-in

Britannia BS 0845 842 9429 4.24% 2 yrs – 95% 95% Free U for 1 yr & advs to 90%, – £295 – – 1st 2 yrs: 3.5+1, 2.75j Yes

no MIP. Remtgs disct legal fees 180 days1

GMAC Res Funding 01344 477 477 4.45% 1.3.04 – 95% 95% Advs up to 90%, no MIP Min £395 – Refer To 1.3.04: 5%2 3+1, 2.75j Max

£25K 97.5%

Portman BS 01202 563 502 4.99% 1.3.05 – 95% 95% Advs up to 90%, no MIP £15K £300 – 0.25% To 1.3.05:3%2 3.25+1, 2.75j Yes

-£500K

Britannia BS 0845 842 9429 5.29% 5 yrs – 95% 95% Free U for 1 yr & advs to 90%, no – £295 – – 1st 5 yrs: 180/150/ 3.5+1, 2.75j Yes

MIP. Remtgs discounted legal fees 120/90/60 days1

Fixed rates with redemption tie-in

Northern Rock 0870 241 3088 2.29% 1.4.04 – 75% 75% Free A for 6 mths. HP – £495 – £100 1st 6 yrs: 4/8/6/4 3.5+1, 2.75j N/A

£500 rebate or /2/1%2 & 1st 3

rebate reclaimed yrs: remtgs £1K

rebate

Portman BS 01202 563502 2.35% 1.3.04 – 95% 95% Advs up to 90%, no MIP. Remtgs £15.5K £300 – 0.25% To 1.3.08: 6/6/6 3.25+1, 2.75j Yes

max 75% free valn, FLF -£500K /5/4/3%2

West Bromwich BS 0161 236 2413 4.59% 28.2.05 – 95% 95% Advs up to 90%, no MIP £25K £295 B 0.35% To 28.2.07: 3%2 3.5+1, 2.75j Max

-£500K 95%

Norwich & P’boro BS 01733 362636 4.78% 3 yrs – 95% 95% – – £295 – 0.25% 1st 5 yrs: 6 mths1 3.25+1, 2.6j Yes

Capped rates

Northern Rock 0870 241 3088 5.09% 1.4.04 – 90% 90% Flex opt, no MIP, free A for – £395 – £100 To 1.4.04: 2% of 3.5+1, 2.75j N/A

6 mths. HP £500 adv & 1st 3 yrs:

rebate, remtgs £1K rebate rebate reclaimed

National Counties BS 01372 744155 5.74% 1.4.04 – 80% N/A Rate currently 4.24% to 1.4.04 – £100 – 0.20% To 1.4.04: 3%2 3.33, 3.5j N/A

(1.50% discount). No MIP

Leeds & Holbeck BS 0800 072 5726 5.14% 1.4.05 – 95% 95% Free ASU for 6 mths & advs – £299 B+C £125 To 1.4.05: 3.25+1, 2.5j Max

up to 90%, no MIP 6/5/4mths1 95%

Scarborough BS 0870 513 3149 5.45% 5 yrs – 95% 90% Refund of valn, £250 rebate & Min £295 – £150 1st 5 yrs: 5%2 3+1, 2.5j Max

advs up to 90%, no MIP £25K 95%

First-time buyers (variable unless shown)

Britannia BS 0845 842 9429 3.49% 2 yrs 2.40% 95% Free U for 1 yr & advs up to – £295 – – No penalty 3.5+1, 2.75j Yes

90%, no MIP

Woolwich 020 8301 7089 3.59% 2 yrs 2.36% 95% Flex opt & current a/c facility. – £295 – Refer 1st 2 yrs: 3.25+1, 2.50j Max

Advs up to 90%, no MIP 6 mths1 97%

Staffordshire BS 01902 317301 3.99% 3 yrs 1.75% 95% Free A for 6 mths, free valn & Max £195 B+C 0.25% 1st 3 yrs: 5%2 3+1, 2.5j Yes

advs up to 90%, no MIP £200K

Principality BS 0800 454478 4.50% 28.2.07 1.05% 95% £250 rebate & advs up to – – B+C 0.35% To 28.2.07: rebate 3.5+1, 2.5j No

90%, no MIP reclaimed

Variable rates

Intelligent Finance 0845 601 4343 3.35% 3 mths 1.50% 95% 95% Rate reverts 4.85%. Flex opt & Min – – 0.35% No penalty Ability N/A

offset facility. Refund valn & no £25K to pay

MIP. HP £200 or remtgs FLF

Scarborough BS 0870 513 3149 4.65% term 1.34% 95% 90% Flex opt, refund valn & advs Min – – £150 No penalty 3+1, 2.5j Max 95%

up to 90%, no MIP. £25K

Hinckley & Rugby BS 0800 774499 4.59% term – 80% 80% Flex opt, £300 rebate, free valn, Min – – – No penalty 3+1, 2.5j N/A

free A for 6 mths & no MIP £25K

Woolwich 020 8301 7089 4.75% term – 95% 90% Flex opt & offset facility. – – – Refer No penalty 3.75+1, 2.65j Max

Advs up to 90%, no MIP 97%

Self-certification rates (variable unless shown)

Pink Home Loans 0870 759 0136 4.45% 2 yrs 1.55% 90% 80% Flex opt & no MIP Min £325 – 0.5% 1st 2 yrs: 3.25+1, 2.75j N/A

Funded by M’ Express £25K 6mths1

Northern Rock 0870 241 3088 5.19%F 1.4.05 – 75% 75% Flex opt, free A for 6 Min £395 – £100 To 1.4.05: 2% of 3.5+1, 2.75j N/A

mths, HP £500 rebate £75K adv & 1st 3 yrs:

or remtgs £1K rebate reclaimed

Bristol & West 0117 943 7755 4.50% 3 yrs 1.25% 75% 75% Free valn, HP £300 £25K – – 0.5% 1st 4 yrs: 3.5+1, 2.75j N/A

for costs or remtgs FLF -£500K 5/5/4/4%2

Verso 0845 840 3020 4.98% term – 85% 85% Flex opt £25K £325 – 0.35% No penalty 3.5+1, 2.75j Yes

-£500K

Comps in ‘ Insurances to be arranged through lender; A ‘ Accident sickness & unemployment insurance; B ‘ Building insurance; C ‘ Contents insurance; U ‘ Unemployment insurance; LTV ‘ Loan to value; F ‘ Fixed rate; FLF ‘ Free legal fees; HP ‘ home purchase; MIP ‘ Mortgage indemnity premium (high lending fee); Proc fee ‘ Fee paid to professional introducers and may be a minimum or maximum fee. Incentives of FLF may only be available through lenders’ nominated solicitor; S/E ‘ self-employed, BBR ‘ Base Bank Rate, 1 ‘ interest, 2 ‘ of sum repaid

Source: Moneyfacts as at 31/01/02


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