Halifax Building Society – First Time Buyer 5-Year Fixed Rate Cashback Mortgage

Type:
Fixed-rate mortgage

Fixed term:
Until July 31, 2009

Fixed rate:
5.99%

Minimum loan:
£1

Maximum loan:
Up to 97% of valuation subject to a maximum of £150,000,
up to 95% of valuation subject to a maximum of £250,000,
up to 90% subject to a maximum of £500,000,
up to 85% of valuation subject to a maximum of £2m,
up to 75% of valuation subject to no maximum

Income multiples:
Based on affordability calculation and credit score

Conditions:
1% cashback subject to £5,000 maximum, free valuation up to £475, free conveyancing

Flexible features:
Overpayments, underpayments, payment holidays, interest calculated daily

Arrangement fee:
£199

Redemption fee:
5% of mortgage balance until July 31, 2005, 4% until July 31, 2006, 3% until July 31, 2007, 2% until July 31, 2008, 1% until July 31, 2009

Introducer&#39s fee:
Subject to negotiation

Contact: www.halifax-intermediaries.co.uk