View more on these topics

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


Threadneedle picks head of distribution

Threadneedle has appointed Campbell Fleming as the group’s head of distribution. Fleming is to join Threadneedle after 12 years at JP Morgan Asset Management as the group’s UK head. He will join in November to lead Threadneedle’s global distribution function, which includes the wholesale and institutional business as well as marketing and product development. Fleming […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment