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Coventry Building Society – 6.49% Offset Fixed

Coventry Building Society

6.49% Offset Fixed

Type: Fixed rate offset mortgage

Fixed term: Until September 30, 2018

Fixed rate: 6.59%

Minimum loan: £25,001

Maximum loan: Up to 75% 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 standard valuation up to £650 or contribution up to £650 towards homebuyers report, free remortgage transfer service

Flexible features: Overpayments, payment holidays, interest calculated daily, offset facility

Arrangement fee: £800 plus £199 booking fee

Redemption fee: 4% of the amount repaid in the first 10 years

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

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