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Coventry Building Society – Flexx Fixed Buy-To-Let

Coventry Building Society

Flexx Fixed Buy-To-Let

Fixed term: Until September 30, 2009

Fixed rate: 4.99%

Minimum loan: 25,001

Maximum loan: Up to 80% of valuation subject to a maximum of 350,000, up to 755 of valuation subject to a maximum of 500,000

Flexible features: Overpayments, payment holidays of up to three months a year, lump sum withdrawals, interest calculated daily

Income multiples: Rental income must be at least 130% of mortgage repayments

Conditions: One free mortgage valuation up to 680, discounted legal fees for remortgages under remortgage transfer service

Arrangement fee: 1,000 plus 250 booking fee

Redemption fee: None

Introducers fee: Subject to negotiation

Tel: 0845 757 3612

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