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Coventry Building Society – +1.10% BBR Tracker for term

Coventry Building Society

+1.10% BBR Tracker for term

Type: Tracker mortgage

Tracker term: Life of loan

Tracker rate: 1.1% above the Bank of England base rate

Payable rate: 6.35%

Minimum loan: £25,001

Maximum loan: Up to 90% of valuation subject to a maximum of £400,000, up to 80% of valuation subject to a maximum of £750,000, up to 75% of valuation subject to a maximum of £1m
Income multiples: Based on affordability

Flexible features: Payment holidays of up to three months a year, interest calculated daily

Conditions: One free standard valuation up to £650, free legal fees for remortgages or £200 contribution towards legal costs

Arrangement fee: £800 plus £199 booking fee

Redemption fee: 4% of the amount repaid in the first five years

Introducer’s fee: Subject to negotiation

Tel: 0845 766 5522

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