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Coventry Building Society – 4.49% Five-Year Fixed

Coventry Building Society

4.49% Five-Year Fixed

Type: Fixed-rate mortgage

Fixed term: Until June 30, 2014

Fixed rate: 4.49%

Minimum loan: £1,000

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

Income multiples: Based on affordability

Conditions: Capital repayments of up to 5% a year allowed without penalty, one free valuation up to £640, free legal fees or £200 contribution towards legal costs for remortgages

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

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 7573612

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