Ipswich BS
Product: Fixed rate buy-to-let mortgage
Description: Fixed until 30/04/05.
Rate: 5.55%
Max LTV: 80%
Redemption penalty: 3% of the advance if the loan is reduced to below half the original advance in the fixed rate period.
Procuration fee: Negotiable
Arrangement fee: £195
Other: No compulsory insurances.
Contact: 01473 342265
Pink Home Loans
Product: Buy-to-let fixed rate mortgage
Funded by: BM Solutions
Description: Fixed to 01/06/06.
Rate: 4.95%
Max LTV: 85%
Redemption penalty: 5% of the amount repaid to 01/06/04, 4% to 01/06/05, then 3% to 01/06/06.
Procuration fee: 0.5%, min £200, maximum £5,000
Arrangement fee: £325
Other: Underlying rate BBR+1.95%, minimum valuation £75,000 if in London ‘ elsewhere £40,000.
Contact: www.pink.uk.net
Coventry BS
Product: Flexx discount mortgage
Description: 1.9% discount to 30/09/05, then 0.66% discount until 30/09/08.
Rate: 3.75%
Max LTV: 95%
Redemption penalty: None
Procuration fee: Negotiable
Arrangement fee: £295, £195 if remortgaging through www.remortgages.co.uk
Other: Free remortgage transfer service, free valuation, daily interest.
Contact: 0845 766 5522
Ipswich BS
Product: Discount mortgage
Description: 1.5% discount for two years.
Rate: 4.05%
Max LTV: 95%
Redemption penalty: Three months’ additional interest if the loan is reduced to below half the original advance in the discount period.
Procuration fee: Negotiable
Arrangement fee: £250
Other: Purchase only, no MIG to 90% LTV.
Contact: 01473 342265
Pink Home Loans
Product: Special adverse product range over 75% LTV
Funded by: Preferred Mortgages
Description: 1.25% discount for one year.
Rate: 3.75%
Max LTV: 90%
Redemption penalty: 6% of the amount redeemed for three years, one month’s interest thereafter.
Procuration fee: 1%, maximum £5,000
Arrangement fee: £495
Other: Underlying rate LIBOR+ loading, self-cert available. CCJs to £6,000, up to four months arrears in the last 12, bankrupts discharged one year.
Contact: www.pink.uk.net
Product: Adverse stepped rate mortgage
Funded by: BM Solutions
Description: Stepped for three years, BBR+1.5% in years one and two, BBR+2.2% year three.
Rate: 5.25%
Max LTV: 85%
Redemption penalty: 5% of the amount repaid in year one, 4% in year two and 3% in year three.
Procuration fee: 0.75%, minimum £250, maximum £5,000.
Arrangement fee: £325
Other: CCJs to £4,000 – none in last six months, max two months arrears in last 12, none in last three, bankrupts discharged a year.
Contact: www.pink.uk.net
Product: Self-cert fees assisted remortgage
Funded by: BM Solutions
Description: 1.25% discount in year one (BBR+0.5%), 0.25% discount in year two.
Rate: 4.25%
Max LTV: 85%
Redemption penalty: 5% in year one and 4% in year two.
Procuration fee: 0.5%, minimum £200, maximum £5,000
Arrangement fee: £349
Other: Refund of valuation fee and £500 cash back, underlying rate BBR+1.75%.
Contact: www.pink.uk.net
Product: Three-year stepped discount mortgage
Funded by: Staffordshire BS
Description: 2.2% discount in year one, 1.2% discount in year two and 0.4% discount in year three.
Rate: 3.39%
Max LTV: 95%
Redemption penalty: 3% of the amount repaid in year one, 2% in year two and 1% in year three, plus redemption sealing fee of £199.
Procuration fee: 0.5%
Arrangement fee: £295
Other: One satisfied CCJ to £250 may be considered. Up to two months arrears in months 12 to 24.
Contact: www.pink.uk.net
Bristol and West
Product: Self-cert fixed rate mortgage
Description: Fixed to 30/06/06
Rate: 4.6% to 75% LTV, 4.75% to 85% LTV, 5.15% to 90% LTV.
Max LTV: 90%
Redemption penalty: 5% until 30/06/06.
Procuration fee: Negotiable
Arrangement fee: £299
Other: Reverts to BBR+1.75%.
Contact: 0117 943 7755
Product: Self-cert fixed rate mortgage
Description: Fixed until 30/06/08
Rate: 4.85% to 75% LTV, 4.99% to 85% LTV, 5.1% to 90% LTV.
Max LTV: 90%
Redemption penalty: 7% until 30/06/04, 6% to 30/06/06, then 5% to 30/06/08.
Procuration fee: Negotiable
Arrangement fee: £299
Other: Reverts to BBR+1.75%.
Contact: 0117 943 7755
Product: Fixed rate mortgage
Description: Fixed for seven years from completion.
Rate: 4.79%
Max LTV: 95%
Redemption penalty: 7% in years one and two, 6% in year three, 5% in years four five and six, then 4% for one year.
Procuration fee: Negotiable
Arrangement fee: None
Other: Free valuation, free legals for remortgages, reverts to SVR.
Contact: 0117 943 7755
Coventry BS
Product: Fixed rate mortgage
Description: Fixed to 30/06/06, then 0.66% discount to 30/06/08.
Rate: 4.25%
Max LTV: 95%
Redemption penalty: Six months’ interest to 30/06/06.
Procuration fee: Negotiable
Arrangement fee: £295, £195 if remortgaging through www.remortgages.co.uk
Other: Free remortgage transfer service, free valuation, 5% capital repayment per annum allowed without penalty.
Contact: 0845 766 5522
Ipswich BS
Product: Three-year fixed rate mortgage
Description: Fixed until 30/04/06
Rate: 4.5% to 80% LTV, 4.95% to 95%.
Max LTV: 95%
Redemption penalty: 3% of the advance if the loan is reduced to below half the original advance in the fixed rate period.
Procuration fee: Negotiable
Arrangement fee: £250
Other: No MIG to 90% LTV
Contact: 01473 342265
Leeds & Holbeck BS
Product: Fixed rate mortgage
Description: Fixed for two years.
Rate: 3.99%
Max LTV: 95%
Redemption penalty: None.
Procuration fee: 0.25%
Arrangement fee: 0.35%, minimum £299
Other: Free valuation to £340,
No higher lending fee to 90%.
Contact: 0121 643 6741
NatWest
Product: Fixed rate mortgage
Description: Fixed for two
years.
Rate: 3.99%
Max LTV: 95%
Redemption penalty: 2% in year one and 1% in year two.
Procuration fee: Negotiable
Arrangement fee: £295
Other: Capital repayment over 25 years.
Contact: 0800 587 3259
Product: Fixed rate mortgage
Description: Fixed for five years.
Rate: 4.69%
Max LTV: 95%
Redemption penalty: 5% in year one, 4% in year two, 3% in year three, 2% in year four and 1% in year five.
Procuration fee: Negotiable
Arrangement fee: £295
Other: Capital repayment over 25 years.
Contact: 0800 587 3259
Skipton Building Society
Product: Five-year fixed rate mortgage
Description: Fixed until 30/06/08.
Rate: 4.45%
Max LTV: 95%
Redemption penalty: 3% to 30/06/08.
Procuration fee: Negotiable
Arrangement fee: £395
Other: Up to 10% capital repayments annually without penalty, no MIG to 90%, flexible features, free legals for remortgages.
Contact: 08457 171 777
Norwich & Peterborough BS
Product: Base rate tracker
Description: BBR+0.69% to £99,999, BBR+0.59% to
£249,999, BBR+0.49% for £250,000 plus.
Rate: 4.44%, 4.34%, 4.24%
Max LTV: 95%
Redemption penalty: None
Procuration fee: 0.25%,
minimum £125, maximum
£1,000.
Arrangement fee: None to £249,999 then £199.
Other: Free standard valuation, legal fees paid for remortgages, flexible options.
Contact: 0845 300 3444
