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Coventry Building Society – First Time Buyer 1.69% Discount

Type:
Discounted-rate mortgage

Discounted term:
Until May 31, 2007

Discount:
1.69%

Payable rate:
4.35%

Minimum loan:
£1

Maximum loan:
Up to 90% of valuation subject to a maximum of £200,000

Income multiples:
Up to 3.75 times principal income plus second
or three times joint

Conditions:
Capital repayments of up to 5% a year allowed without penalty

Arrangement fee:
£199
Redemption fee:
2% of mortgage balance until May 31, 2007

Introducer&#39s fee:
Subject to negotiation

Tel: 0845 776 7825

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