Personal Finance: Best mortgages

Telephone % Rate Max Fee Incentive Redemption number and period LTV % Penalty

MORTGAGES

FIXED RATES Without redemption tie-in

Nationwide BS 0800 302010 5.99% for 2 years 90% - Refund of valuation fee,no MIP 1st.2 yrs:4/3 mnths.interest Lambeth Simply Postal 0645 909192 5.99% to 1.2.02 95% pounds 295 pounds 100 Holiday Voucher To 1.2.02:5% of advance Scarborough BS 0900 133149 5.70% for 5 years 95% pounds 395 - 1st. 5 yrs:6 mnths.interest FIXED RATES With redemption tie-in

Northern Rock 0845 6050500 3.85% to 1.3.01 95% pounds 395 6 mnths free ASU, advs to 85% no MIP 1st 6 yrs: 5/5/5/4/3% of sum repaid Scarborough BS 0990 133149 5.25% for 3 years 95% - pounds 300 cash rebate 1st 5 yrs: 5% of sum repaid First Mortgage 0800 080088 5.45% to 31.1.04 90% pounds 370 - To 31.1.06:5% of advance CAPPED RATES

Bristol & West 0800 119955 5.69% to 1.2.02 95% pounds 295 For advances up to 85% no MIP To 31.1.04:4.5% of sum repaid Scarborough BS 0990 133149 5.99% for 4 years 95% - - 1st 4 yrs: 5% of sum repaid Furness BS 0800 834312 6.25% to 30.11.03 80% pounds 295 No MIP, free travel insurance To 31.11.03: 5% of advance FIRST TIME BUYERS (Variable unless shown)

Coventry BS 0345 665522 4.20% to 31.3.01 95% pounds 295 For advances up to 90%, no MIP To 31.3.04 12/12/6/6/6 mnths interest Scarborough BS 0990 133149 4.95% for 3 years 95% - pounds 300 cash rebate 1st 5 yrs: 5% of sum repaid NationwideBS 0800 302010 5.70% for 5 years 90% pounds 295 Refund on valuation fee, no MIP 1st 5 yrs: Individually determined VARIABLE DISCOUNTED RATES

Northern Rock 0845 6050500 3.95% to 1.3.01 95% - Refund valn fee & no MIP To 1.1.04:6 mnths.interest

Alliance & Leicester 0845 303 3000 5.20% to 1.1.02 95% - No MIP, free valn & pounds 350 for legal fees To 1.1.04:6 mnths.interest

Derbyshire BS 01332 841000 6.15% for 5 years 95% pounds 125 No MIP, free vain & pounds 250 rebate Int. to e.o.m.