Max LTV Comp Proc Redemption Income Indemnity
Lender Telephone Rate Period Discount HP remtg Incentive Advance Fee ins fee penalty multiples added
Fixed rates with no redemption tie-in
Britannia BS 0845 842 9429 4.79% 2 yrs – 95% 95% Free U for 1 yr & advs to 90%, – £295 – – 1st 2 yrs: 3.5+1, 2.75j Max
no MIP. Remtgs disc legal fees 240 days1 97.5%
Pink Home Loans 0870 759 0169 4.79% 3.6.04 – 95% 95% Flex opt & no MIP Min £325 – 0.3% To 3.6.04: 3.25+1, 2.75j N/A
Funded by M Express £50K 6 mths1
Leeds & Holbeck BS 0800 072 5726 4.99% 1.7.05 – 95% 95% Free A for 6 mths & advs – £399 B+C £125 To 1.7.05: 3.25+1, 2.5j Max
up to 90%, no MIP 4/3/2 mths1 95%
Dunfermline BS 0845 601 2218 5.59% 31.8.07 – 95% 90% £450 rebate & advs up to £20K- £295 – £100 To 1.8.07: 3%2 3+1, 2.5j Yes
90%, no MIP £250K
Fixed rates with redemption tie-in
Portman BS 01202 563 502 2.25% 1.8.04 – 95% 95% Advs up to 90%, no MIP £15.5K- £399 – 0.25% To 1.8.08: 3.25+1, 2.75j Yes
£500K 7/7/7/6/4/2%
Northern Rock 0870 241 3088 2.89% 1.8.04 – 90% 90% No MIP & free A for 6 mths. – £495 – £100 1st 6 yrs: 4/7/5/4/ 3.5+1, 2.75j N/A
HP £500 rebate or 2/1%2 & 1st 3 yrs:
remtgs £1K rebate rebate rec
Norwich & P’boro’ BS 01733 362636 4.54% 3 yrs – 90% 90% Flex opt & no MIP – £325 – 0.25% 1st 5 yrs: 6 mths1 Ability to pay N/A
Leek United BS 01538 392419 4.75% 31.7.05 – 90% 90% Free valn & no MIP Min £25K £295 – £200 To 31.7.07: 5%2 3+1.5, 2.5j Max 95%
Capped rates
Portman BS 01202 563502 5.49% 1.8.04 – 95% 95% Currently 4.35% (1.30% disc) – £300 – 0.25% To 1.8.04: 5%2 3.25+1, 2.75j Yes
to 1.8.04. Advs to 90%, no MIP
Northern Rock 0870 241 3088 5.59% 1.8.04 – 90% 90% Flex opt, no MIP, free A for – £395 – £100 To 1.8.04: 2% of 3.5+1, 2.75j N/A
6 mths. HP £500 or remtgs adv & 1st 3 yrs:
£1K rebate rebate rec
Coventry BS 0845 766 5522 5.99% 30.9.07 – 95% 95% Rate currently 4.99%, (0.76% dis) Max £295 – – To 30.9.07: 3.5+1, 2.75j Yes
to 30.9.07 free valn & advs up to £500K 6 mths1
90%, no MIP. Remtgs £200 rebate
Northern Rock 0870 241 3088 6.09% 1.8.07 – 90% 90% Rate currently 5.85%. Flex opt – £395 – £100 To 1.8.07: 2% of 3.5+1, 2.75j N/A
no MIP, free A for 6 mths. HP adv & 1st 3 yrs:
£500 or remtgs £1K rebate rebate rec
First-time buyers (variable unless shown)
Woolwich 020 8301 7089 3.94% 2 yrs 2.01% 95% Flex opt & current a/c facility. – £295 – – 1st 2 yrs: 6 mths1 3.25+1, 2.5j Max
Advs up to 90%, no MIP 97%
Leeds & Holbeck BS 0800 072 5726 4.00% 2 yrs 1.75% 95% £250 rebate & free A for 6 mths – £199 B+C £125 1st 2 yrs: 6/4 mths1 3.25+1, 2.5j Max
& advs up to 90%, no MIP 95%
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
Chelsea BS 0870 240 4808 4.19% 3 yrs 1.50% 95% Advs up to 90%, no MIP £25K-£1m – – – 1st 3 yrs: 3%2 3.25+1, 2.5j No
Variable rates
Intelligent Finance 0845 601 4343 3.35% 3 mths 1.50% 95% 95% Rate reverts 4.85%. Flex opt & Min £125 – 0.35% No penalty Ability to pay N/A
offset facility. No MIP. Remtgs £25K
refund valn & FLF
Hinckley & Rugby BS 0800 774499 4.59% term – 80% 80% Flex opt, £300 rebate, free Min £25K – – £200 No penalty 3+1, 2.5j N/A
valn, free A for 6 mths & no MIP
Woolwich 020 8301 7089 4.75% term – 95% 90% Flex opt & offset facility. – – – – No penalty 3.25+1, 2.5j Max
Advs up to 90%, no MIP 97%
HSBC 0800 494999 4.75% term – 90% 90% No MIP & free A for 6 mths. – – – – No penalty 3.25+1.25, 2.5j N/A
Remtgs free valn & in GB &
NI help with costs
Self-certification rates (variable unless shown)
Pink Home Loans 0870 759 0169 4.45% 2 yrs 1.55% 90% 80% Flex opt & no MIP Min £25K £325 – 0.5% 1st 2 yrs: 6 mths1 3.25+1, 2.75j N/A
Funded by MExpress
Bristol & West 0117 943 7755 4.70% 3 yrs 1.05% 85% 85% No MIP, free valn & £300 rebate £25K-£500K – – 0.5% 1st 4 yrs: 5/5/4/4%2 3.5+1, 2.75j Yes
Northern Rock 0870 241 3088 5.79%F 1.8.07 – 75% 75% Flex opt free A for 6 mths, Min £75K £395 – £100 To 1.8.07: 2% of adv 3.5+1, 2.75j N/A
HP £500 rebate or remtgs £1K & 1st 3 yrs: rebate rec
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; rec ‘ reclaimed; S/E ‘ self-employed; BBR ‘ Base Bank Rate; j ‘ joint; 1 ‘ interest; 2 ‘ of sum repaid; GB ‘ Great Britain; NI ‘ Northern Ireland
Source: Moneyfacts (as at 06/06/02)
