Almost Prime products - Last updated 2 September 2011
 

Almost Prime products are only available to members of the following business partners:

 

Appointed representatives of:

First Complete
Intrinsic
Legal & General
Openwork
Paradigm
Personal Touch Financial Services
Pink Group
Sesame
TenetLime

Directly Authorised members of:

Blue Print

Central Trust
Connells
Countrywide
First Action Finance

John Charcol

London & Country
Ocean Finance


Quick links

 

2 year fixed >

1 year tracker >

2 year tracker >

 

2 year fixed A11

until 31 October 2013
  Full details >
Maximum LTV Rate Arrangement fee Admin fee Arrears CCJs per applicant
60% 5.64% £1,450 £89

0 in last 12

£500

(0 in last 12)

65% 5.94% £1,450 £89    

 

 

 

 

 

 

1 year tracker A12

from completion
  Full details >
Maximum LTV Rate Arrangement fee Admin fee Arrears CCJs per applicant
60%

4.39%

(LIBOR + 3.39%)

£1,450 £89

0 in last 12

£500

(0 in last 12)

65%

4.69%

(LIBOR* + 3.69%)

£1,450 £89    

 

 

 

2 year tracker A13

from completion
  Full details >
Maximum LTV Rate Arrangement Fee Admin Fee Arrears CCJs per applicant
60%

4.79%

(LIBOR + 3.79%)

£1,450 £89

0 in last 12

£500

(0 in last 12)

65%

5.09%

(LIBOR + 4.09%)

£1,450 £89    

 

 

 

 

 

 

 

 

 

 

 Download our latest product guide >

 

Almost Prime fixed product full details         

Additional information

Bullet pointAvailable to first time buyers

Bullet pointAll products are portable

Bullet pointAdministration fee is non-refundable

Bullet pointArrangement fee can be added to the loan

Bullet pointReversionary rate - 6.00% (LIBOR+ 5.00%)

Bullet pointRemortgage maximum LTV - 65%

 

 

Early repayment charges (ERC)

 

2 year fixed

3% of the amount redeemed until 31 October 2012

2% of the amount redeemed until 31 OCtober 2013

 

Loan details

 

  Minimum loan amount Maximum loan amount Minimum term Maximum term
Purchase £25,001

£250,000

5 years 40 years**
Remortgage Capital Raising £25,001 £250,000 5 years 40 years**
Remortgage Debt Consolidation £25,001 £250,000 5 years 40 years**

 

**Subject to maximum age criteria. If the term of the mortgage goes beyond the projected retirement age as declared by the applicant, Platform will decline the application or exclude this income for joint applications.

 

Bankruptcy

Applications where a discharged bankruptcy has been recorded during the last 6 years can be accepted on the Non-Conforming range. For Non-Conforming product selection, any bankruptcy discharged more than 4 years ago will be ignored.

 

Individual voluntary arrangement

Applications where an individual voluntary arrangement (IVA) has been recorded during the last 6 years can be accepted on the Non-Conforming range. For Non-Conforming product selection, any IVA completed more than 4 years ago will be ignored.

 

Minimum/maximum age

 

Minimum age is 18 at application.

Maximum age is 75 at the end of the term.

 

Fees

 

Introducer fee

 0.50%

(max £1,250)

 

Property valuation Valuation fee Additional home buyer fee
AVM  £20 N/A
Up to £75,000 £105 £220
£75,001 to £100,000 £115 £220
£100,001 to £150,000 £135 £230
£150,001 to £200,000 £165 £235
£200,001 to £250,000 £200 £250
£250,001 to £300,000 £225 £300
£300,001 to £350,000 £255 £370
£350,001 to £400,000 £295 £370
£400,001 to £500,000 £355 £370
£500,001 to £600,000

£420

£405
£600,001 to £700,000 £490 £435
£700,001 to £800,000 £540 £485
£800,001 to £900,000 £600 £525
£900,001 to £1m £670 £555
£1m - £1.5m £970 By negotiation

 

Buildings insurance administration fee

one off fee if buildings insurance is not arranged through Legal & General

 £30
Telegraphic transfer fee  £15
Higher lending charge   None

 

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Almost Prime tracker product full details         

Additional information

Bullet pointAvailable to first time buyers

Bullet pointAll products are portable

Bullet pointAdministration fee is non-refundable

Bullet pointArrangement fee can be added to the loan

Bullet pointReversionary rate - 5.87% (LIBOR+ 5.00%)

Bullet pointRemortgage maximum LTV - 65%

 

Early repayment charges (ERC)

 

1 year tracker 2% in year 1
2 year tracker

3% in year 1, 2% in year 2

 

Loan details

 

 

  Minimum loan amount Maximum loan amount Minimum term Maximum term
Purchase £25,001

£250,000

5 years 40 years**
Remortgage Capital Raising £25,001 £250,000 5 years 40 years**
Remortgage Debt Consolidation £25,001 £250,000 5 years 40 years**

 

**Subject to maximum age criteria. If the term of the mortgage goes beyond the projected retirement age as declared by the applicant, Platform will decline the application or exclude this income for joint applications.

 

Bankruptcy

Applications where a discharged bankruptcy has been recorded during the last 6 years can be accepted on the Non-Conforming range. For Non-Conforming product selection, any bankruptcy discharged more than 4 years ago will be ignored.

 

Individual voluntary arrangement

Applications where an individual voluntary arrangement (IVA) has been recorded during the last 6 years can be accepted on the Non-Conforming range. For Non-Conforming product selection, any IVA completed more than 4 years ago will be ignored.

 

Minimum/maximum age

 

Minimum age is 18 at application.

Maximum age is 70 at the end of the term.

 

Fees

 

Introducer fee

 0.50%

(max £1,250)

 

Property valuation Valuation fee Additional home buyer fee
AVM  £20 N/A
Up to £75,000 £105 £220
£75,001 to £100,000 £115 £220
£100,001 to £150,000 £135 £230
£150,001 to £200,000 £165 £235
£200,001 to £250,000 £200 £250
£250,001 to £300,000 £225 £300
£300,001 to £350,000 £255 £370
£350,001 to £400,000 £295 £370
£400,001 to £500,000 £355 £370
£500,001 to £600,000

£420

£405
£600,001 to £700,000 £490 £435
£700,001 to £800,000 £540 £485
£800,001 to £900,000 £600 £525
£900,001 to £1m £670 £555
£1m - £1.5m £970 By negotiation

 

Buildings insurance administration fee

one off fee if buildings insurance is not arranged through Legal & General

 £30
Telegraphic transfer fee  £15
Higher lending charge   None

 

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