Briefly: Loan rate fixed until July 1997

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The Independent Online
A FIVE-YEAR fixed rate mortgage from Laurentian Home Loans, aimed at borrowers hoping to beat next month's stamp duty deadline, includes a year's unemployment cover.

It is fixed until 1 July 1997 at 9.99 per cent, with a minimum loan of pounds 20,000 and a maximum of pounds 150,000. It is available at 95 per cent of value for purchases and 90 per cent for remortgages.

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