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Coventry Intermediaries – 3.18% Fixed Rate to 30.6.14

Coventry Intermediaries – 3.18% Fixed Rate to 30.6.14

Type: Fixed-rate mortgage

Fixed term: Until June 30, 2014

Fixed rate: 3.18%

Minimum loan: £1,000

Maximum loan: Up to 65% 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 in the fixed-rate period, one free valuation up to £670, free remortgage transfer service

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

Arrangement fee: £800 plus £199 booking fee

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: Subject to negotiation

Tel: 0845 757 3612

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