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Coventry Building Society – Offset 0.1% Flexx Base Rate Tracker

Coventry Building Society

Offset 0.1% Flexx Base Rate Tracker

Type: Offset tracker mortgage

Tracker term: Until December 31, 2008

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

Minimum loan: £1,500

Maximum loan: Up to 95% of valuation subject to a maximum of £250,000, 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 valuation up to £650, free legal fees for remortgagees
Flexible features: Overpayments, payment holidays of up to three months a year, interest calculated daily, offset facility

Arrangement fee: £500 plus £199 booking fee

Redemption fee: None

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

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