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Coventry Building Society – 4.49% 3-Year Flexx Fixed Rate

Coventry Building Society – 4.49% 3-Year Flexx Fixed Rate

Type: Flexible fixed rate mortgage

Fixed term: Until June 30, 2013

Fixed rate: 4.49%

Minimum loan: £1,000

Maximum loan: Up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: One free mortgage valuation up to £650, free remortgage transfer service

Flexible features: Unlimited overpayments, payment holidays of up to three months a year after the first six months, interest calculated daily

Arrangement fee: £800 plus booking fee £199

Redemption fee: £125 administration fee

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612


Loan approvals up 12% in February

Home purchase loan approvals increased by 12 per cent to 35,000 in February, according to figures released today from the Council of Mortgage Lenders.


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