Details of the new fixed rate products are as follows:
Interest Rate
Maximum Loan to Value
Arrangement Fee
Administration Fee
Min/Max Loan Early Repayment Charge
5.19% fixed until 30.06.07 then the Society’s standard variable rate currently 6.74%
The overall cost for comparison is 6.8%
APR 95%
£395
£245
£25,000/£500,000
3% until 30.06.07
5.29% fixed until 30.06.08 then the Society’s standard variable rate currently 6.74%
The overall cost for comparison is 6.7%
APR 95%
£395
£245
£25,000/ £1,000,000
3% until 30.06.08
5.39% fixed until 30.06.10 then the Society’s standard variable rate currently 6.74%
The overall cost for comparison is 6.5%
APR 95%
£395
£245
£25,000/ £1,000,000
5% until 30.06.10