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Coventry Building Society – 6.79% Offset Fixed Rate

Coventry Building Society

6.79% Offset Fixed Rate

Type: Fixed-rate offset mortgage

Fixed term: Until June 30, 2013

Fixed rate: 6.79%

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

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

Flexible features: Overpayments, payment holidays of up to three months a year, interest calculated daily, offset facility

Arrangement fee: None

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

Introducer’s fee: Subject to negotiation

Tel: 0845 766 5522

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