6.39% Tracker to 31/12/2009

6.5% Tracker

6.39% Tracker to 31/12/2009

6.5% Tracker

Up to £450,000 90% LTV (Rmg 90%)

Min 85.01% LTV

Mortgage is Portable

You can keep this mortgage should you move to a new property subject to our normal lending criteria. Conditions apply and a fee may be payable.

Self Cert Accepted

- Mortgage is NOT for First time buyers

PRODUCTS ONLY AVAILABLE TO SELF EMPLOYED APPLICANTS.

A home loan on an unencumbered property the applicant is treated as a FTB for income purposes

Product is not CAT standard.

Overpayments may not reduce the capital balance to less than £15,000 and may be made up to the value of 20% of the original advance in any 12 month period. Payments in excess of this will be liable to early repayment charges detailed in Section 10 above. Upon receipt of any overpayment, interest will be calculated on your outstanding loan with immediate effect.

Let to Buy : Accepted

Capital Rest Period : Daily

Repayment Yes

Endowment Yes

PEP Yes

Pension Yes

Interest only (no RV) Yes

With Profits Yes

Unit Linked Yes

ISA Yes

Split Repayment Yes

Arrangement : 0.5% of loan Can be Added

Booking : None

3% of loan to be paid until 31/12/2009, 20% capital repayments allowed per year without penalty

None

Basic:

upto £60,000 - £205

upto £100,000 - £225

upto £150,000 - £245

upto £200,000 - £285

upto £250,000 - £325

upto £300,000 - £365

upto £350,000 - £405

upto £500,000 - £465

upto £600,000 - £545

upto £700,000 - £605

upto £800,000 - £665

upto £900,000 - £725

upto £1,000,000 - £785

upto £1,500,000 - £905

upto £2,000,000 - £1060

upto £2,500,000 - £1220

upto £3,000,000 - £1425

Min Valuation £50000

For properties valued over £800k please refer to Lender for the valuation fee.

Telegraphic transfer fee is automatically added to the loan.

Non Refundable instruction fee £80 RIP/BTL, £105 Home Loans, included in valuation fee.

Added fees will not be included in this calculation.

Insurance Admin - £25.00 Added to loan.

Telegraphic Transfer - £35.00 Added to loan.

Mortgage Exit Administration Fee - £150.00 Payable on redemption.

Freehold Flat No

Purpose Built Flat Yes

Converted Flat Yes

Flat Over Shop Refer

Maisonette Refer

Studio Flat Refer

Flying Freehold Refer

Thatched Yes

Timber Framed No

Concrete No

Agricultural Tie No

Flat Over 4 Storeys Refer

Listed Building Yes

Max Discount% 115

Max Market Value% 70

Properties with more than 6 bedrooms excluded.

Ex local authority flats - £150k min value in prime city location.

If a property was purchased within 6 months of remortgage Capital Homeloans will only lend against the original purchase price.

Steel framed properties are unacceptable security for CHL

85% LTV maximum for new build properties. Valuations are only to be carried out by Countrywide.

We will restrict our exposure on a new build development to 10

properties, or 20% whichever is the higher.

The acceptable qualifications for valuers are FRICS/MRICS or Tech RICS,

CHL Mortgages will lend against properties located on The Isle of Wight.

Accepted Locations : England, Wales, N Ireland

Bank Statements No

At Least 3 Months Pay Slips No

P60 No

Proof Of Residency Yes

Life Policy To Be Assigned No

Previous Lender References Yes

Buildings Conditional

Min Loan £25,001/Rmg £25,001

Max Loan £450,000/Rmg £450,000

Max Portfolio of BTL Loans none

Min Age 21 years

Max Age 70 years

Min Term 5 years

Max Term 35 years

Foreign Citizens Refer

Ex-Patriates Not Accepted

Based on Income > 0

3.5 + 1 or 2.75 joint

3.25 + 1 or 2.5 joint

Min months in current position none

Min months in continuous service none

Min no. of years accounts 2

Average years taken to calculate income 1

Will consider declining profit Refer

Hire Purchase Taken into account

Personal Loans Taken into account

Overdraft NOT Taken into account

Credit/Store Cards NOT Taken into account

Child Maintenance NOT Taken into account

Child Education NOT Taken into account

Extra Income:-

Other Income - Guaranteed Add 100% to income before multiply

Other Income - Regular Add 75% to income before multiply

Other Income - Irregular No

Investment Income No

Mortgage Subsidy Add 100% to income before multiply

Large Town Allowance Add 100% to income before multiply

Maintenance Payments No

Non Contributory Pension No

Car Allowance No

Capital Raising 90%

Home Improvements 90%

Debt Consolidation 90%

School Fees 90%

Holidays/Cars 90%

Buy Other Property 90%

Business Purposes 90%

Divorce Settlement 90%

Unencumbered 90%

CCJs : Acceptable, max number 2, max amount £ 500, must be satisfied for at least 24 months

Defaults : Not Acceptable

Arrears : Not Acceptable

Bankrupt : Not Acceptable

Current IVA : Not Acceptable

Repossession : Not Acceptable

CCJ's - Maximum of 2 CCJ's to a combined value of £500 and must be satisfied for a least 2 years.

- The Lender will treat customers with previous or existing adverse credit in a flexible manner and every case will be judged on its individual merits, along with the customer's ability to keep up repayments on the mortgage, taking into account his/her existing liabilities.

- The Lender will consider cases of financial difficulty and mortgage arrears sympathetically.

- The Lender follows the general principles of the Council of Mortgage Lenders' Statement of Practice on Handling Arrears and Possessions, including :

a) with your co-operation, developing a plan with you for dealing with your financial difficulties and clearing the arrears, consistent with both your interests and those of the Lender.

b) possession of your property will be sought only as a last resort when attempts to reach alternative arrangements with you have been unsuccessful.