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Coventry Building Society – Buy To Let 4.99% Flexx Fixed Rate Mortgage

Coventry Building Society

Buy To Let 4.99% Flexx Fixed Rate Mortgage

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until December 31, 2007

Fixed rate: 4.99%

Minimum loan: 25,001

Maximum loan: Up to 65% of valuation subject to a maximum of 500,000

Income multiples: Rental income must be at least 100% of mortgage repayments

Conditions: Capital repayments of up to 5% a year allowed without penalty, free remortgage transfer service, one free mortgage valuation up to a maximum of 680, maximum fove properties allowd within a total maximum of 1m

Arrangement fee: 475 plus 250 booking fee

Redemption fee: 4% of mortgage balance until December 31, 2007

Introducers fee: Subject to negotiation

Tel: 0845 757 3612

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