W6 - Nationwide Mortgage Offer PDF

Preview

Summary

Nationwide Mortgage Offer...

Description

MORTGAGE OFFER To: Mr Martin Ireland Ms Susan Scott 18 Hayfield Road Salford M6 8PZ

Account Number: Date: Solicitor Reference: Solicitor:

54673398210 17 November 2021 Francoise Smith Jordan Maxwell

Address:

Maxwell House 15 Regent Street Manchester M1 1AB

We are pleased to advise you that we are prepared to offer a loan in accordance with the following particulars. Please notify the issuing office named below, quoting the account number, if you do not wish to proceed or if you require clarification of the terms of this Mortgage Offer. In England, Wales and Scotland only, your conveyancer is instructed on the basis of the UK Finance Mortgage Lender’s Handbook.

We (the lender): Nationwide Building Society Issuing Office: Nationwide Building Society, Chester Mortgage Centre, 2nd Floor, 62 Foregate Street, Chester CH1 1HT, Telephone 01244 580200 You (the borrower):

MR MARTIN IRELAND MS SUSAN SCOTT

Property:

195 Claremont Road Salford Manchester M6 8PA

(and/or any property accepted as security additionally or in substitution)

Purchase Price:

£255,000

Loan:

£155,000

Term:

25 years 0 months

Repayment Mortgage: Monthly Payment: £615.20

Interest Rate: (variable)

5.4% p.a.

Repayment method: REPAYMENT Freehold. Minimum Buildings Insurance Cover: £185,000

Signed for and on behalf of Nationwide Building Society:

G. Major

GENERAL CONDITIONS NOTE to students: The General Mortgage Conditions are not reproduced but you should assume that they comply with IB 3.7 (c) and are not relevant to this exercise. SPECIAL CONDITIONS: 1.

VALUATION REPORT: You must show your valuation report to your solicitor who must check that any assumptions which the valuer expressly mentions in the report concerning the title (for example, its tenure, easements, boundaries and restrictions on use) are correct.

2.

HOMEPLAN BUILDINGS AND CONTENTS POLICIES: Your policies Cover starts: Buildings: on exchange of contracts, at a monthly premium of £15.79 Contents: on the day you move in, at a monthly premium of £8.34 You will receive schedules of insurance shortly after completion.

3.

VALUATION FEE REFUND: A sum of £1,000 will be refunded to you shortly after completion.

are

enclosed....