Fresh Start stepped rate tracker until 31/08/13 - fee assistance
The details of this mortgage should be read in conjunction with Additional mortgage information
| Interest rate: |
0.00% for 6 months from completion, then
6.75% variable (BoE base rate + 1.75%) for 6 months, then
7.00% variable (BoE base rate + 2.00%) to 31/08/13, then
6.90% variable (our SVR) for the remaining term of the mortgage |
| The overall cost for comparison is: |
6.8% APR |
| Minimum Loan: |
£25,001 |
| Maximum Loan to Value: |
90% |
| Product Fee: |
None |
| Mortgage Fee: |
£90 (payable on redemption of your mortgage) |
| Higher Lending Charge: |
Paid by us if the LTV dose not exceed 95% |
| Early repayment charge: |
- 5% before 31/08/11, then
- 4% before 31/08/12, then
- 3% before 31/08/13
- If the product is repaid in full or in part, or transferred (in full or in part), an early repayment charge is payable as described above. However, overpayments (monthly or lump sum) up to a total of 10% of the outstanding loan per year are allowed without charge. Any amount repaid over the 10% limit will incur a charge of the percentage specified on the excess amount.
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| Additional incentives: |
- Overpayments (monthly or lump sum) up to 10% pa are allowed without charge.
- Flexible features
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| Product availability: |
- For First Time Buyers
- For customers remortgaging from another lender
- For new customers moving home
- For existing YBS borrowers moving home
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Ring 0845 1200100
