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Coventry Building Society – Flexx Two Year Base Rate Tracker

Coventry Building Society

Flexx Two Year Base Rate Tracker

Type: Offset tracker mortgage

Tracker term: Until June 30, 2009

Tracker rate: 0.1% above the Bank of England base rate

Payable rate: 5.6%

Minimum loan: £25,001

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000

Income multiples: Based on affordability

Conditions: One free valuation up to £650, free legal fees for remortgages if in-house solicitors used or £200 contribution towards costs

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

Arrangement fee: £800 plus £199 booking fee

Redemption fee: None

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

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