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Coventry Building Society – Offset +2.9% BBR Tracker to 31.12.11

Coventry Building Society – Offset +2.9% BBR Tracker to 31.12.11

Type: Offset tracker mortgage

Tracker term: Until December 31, 2011

Tracker rate: 2.9% above the Bank of England base rate

Payable rate: 3.4%

Minimum loan: £1,000

Maximum loan: Up to 75% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Capital repayments of up to 5% a year allowed without penalty, one free valuation up to £640, free legal fees for remortgages or £200 contribution towards legal costs,

Arrangement fee: £800 plus £199 booking fee

Redemption fee: 4% of amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

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