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Coventry Building Society -Self Cert 1.5% Discount

Coventry Building Society

Self Cert 1.5% Discount

Type: Discounted-rate self-cert mortgage

Discounted term: Until March 31, 2008

Discount: 1.5%

Payable rate: 5.29%

Minimum loan: 1,500

Maximum loan: Up to 75% of valuation subject to a maximum of 350,000

Income multiples: Up to 3.5 times principal income plus second or 2.75 times joint.

Conditions: Capital repayments up to 5% a year allowed without penalty, one free valuation up to 650, discounted legal fees for remortgages if the Societys solicitors are used

Arrangement fee: 250 plus booking fee 199

Redemption fee: 3.5% of amount repaid until March 31, 2008

Introducers fee: Subject to negotiation

Tel: 02476 839230


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