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First Time Buyer Mortgages (Discounted Variable)

Company Rate Period Max LTV Redemption
Marsden BS 3.39% 30/09/2012 80% To 30/09/2012
Fee Booking £199
Incentive Free valuation fees for properties valued Max £500K, free valuation admin fees for properties valued Max £500K. No Higher Lending Charge (HLC).
Saffron BS 3.69% 2 years 85% 1st 2 yrs:
Fee Arrangement £595, Upto £250K Advance,Completion 0.50% Advance, From £250000.00 Advance
Incentive No Higher Lending Charge (HLC). For adv over £250K arrangement fee is 0.50% of advance
Norwich & Peterborough BS 2.95% 3 years 80% 1st 3 yrs:
Fee Reservation £995
Incentive Flexible option. No Higher Lending Charge (HLC).
Furness BS 3.29% 3 years 80% 1st 2 yrs:
Fee -
Incentive £250 rebate. No arrangement fees. No Higher Lending Charge (HLC).
Vernon BS 4.19% 5 years 80% None
Fee Arrangement £395
Incentive Free valuation fees, free valuation admin fees, free legal fees or £200 towards legal fees. No Higher Lending Charge (HLC).
Loughborough BS 4.24% Term 80% 1st 3 yrs:
Fee Completion £249
Incentive Refund valuation fees (Max £200). No Higher Lending Charge (HLC).
Notes: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Lenders standard redemption conditions may also apply at any time. Incentive of free or discounted legal fees may only be available through lenders nominated solicitor. Internal switching - Products may not be available.
Source: www.moneyfacts.co.uk
Rates correct as of: 7 September 2010
ASU=Accident, Sickness and Unemployment Insurance  B+C=Building Contents Insurance  HLC=High Lending Charge  U=Unemployment insurance 
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