From: "Doug Ramage" 
Newsgroups: uk.finance
Subject: Re: US Mortgage for UK Property?
Date: Thu, 29 Jul 2004 20:04:42 +0100


"john boyle"  wrote in message
news:8Vw20nIjZUCBFwJm@johnboyle1.demon.co.uk...
> In message <2msc4sFpnd3tU1@uni-berlin.de>, Tumbleweed
>  writes
>

>
> Accord mortgages do one as well, they are denominated in sterling but
> linked to US LIBOR and therefore remove the currency risk.
>
> --
> John Boyle


A quick look indicates it's for 5 years only before reverting to SVR. The
tempting rate of 3.29% only lasts until October 2004, then jumps by 1.99% to
5.28%. There's an arrangement fee of £495 and early redemption penalties.
--
Doug Ramage

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