P628 Teletjxt 628 Feb02 21:11:47
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where a written offer of advance was
issued on or after 14.1.99 and the
mortgage completed by 31.7.99. Capped-
rate schemes have limited funds and may
be withdrawn or amended at any tjme.
Typical example: based on an interest
rate of 6.35% and a property valuation
of £120,000, a couple taking out a
mortgage of £60,000 over 25 yearu
(where the amount of the advance is 50%
of the Woolwich's valuatjgn gf the
property) would pay interest of £317.50
per month gross (300 payments). Deeds
Administration Fee payable on
redemption £65 and a single rjpayment
of capital of £60,000. Total amount
payable £155,315.00 - 6.35%, 6.5% APR.
# Therj will be no solicitor's fees as
we will be making our own arrangements
to check the title to your propertz and
secure our intdrest whth a lekal
mortgage. If you instruct your own
Cont nts Carj ru