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Coventry Building Society – +2.19% BBR Tracker

Coventry Building Society – +2.19% BBR Tracker

Type: Tracker mortgage

Tracker term: Until March 31, 2012

Tracker rate:  2.19% above the Bank of England base rate

Payable rate: 2.69%

Minimum loan: £1,000

Maximum loan: Up to 65% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: One free valuation up to £640, free legal fees or £200 contribution towards legal costs

Arrangement fee: £800 plus £199 booking fee

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

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612



Towry Law apology

In articles entitled “How not to handle the trail question” and “Where’s the service for the trail cash” published in the issues of Money Marketing on 26 November and 3 December we wrongly stated that by accepting trail payments from providers, Towry Law were required under pre-existing contractual obligations to provide ongoing advice to clients […]


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