| Product Name | Flexx for Term |
|---|
| Current Rate | 2.89% |
|---|
| Term | Variable rate for term, current applied rate 2.89%. |
|---|
| The overall cost for comparison is | 3.0% APR
|
|---|
Fees/Incentives (Fees will not be refunded)
| Booking Fee: £199.00 (paid on application)Arrangement Fee: £800.00 (can be added to mortgage)Remortgage Transfer Service includedONE mortgage valuation up to max. £650.00 included |
|---|
| Early Repayment Charges | None |
|---|
Maximum Loan to Value (LTV)
| 65% |
|---|
| Interest Charged | Daily |
|---|
Your home may be repossessed if you do not keep up repayments on your mortgage.
This scheme is only available on a capital & interest repayment basis.
Complete flexibility with interest charged daily and no restrictions on monthly overpayments or lump-sum payments. Also, once you've made 6 months payments, and if your mortgage is up to date you can apply for a payment break of up to three months each year (during which interest continues to accrue).
Remortgage Transfer Service
Our Remortgage Transfer Service will make moving your mortgage to the Society even easier, and we'll do it without any additional cost! For full details of what's included in this service please see the 'Remortgage Transfer Service' leaflet.
Should you wish to pay your mortgage off before the end of the agreed term, a £125.00 redemption fee will be payable.
Additional Notes
You may have one standard mortgage valuation (up to a maximum of £650) which must be carried out by a valuer instructed by us. If you opt for a more extensive Homebuyers Report we will discount the cost of this by the amount of the standard mortgage valuation (up to a maximum of £650).
Launch date 16.07.10
Coventry Building Society is authorised and regulated by the Financial Services Authority (FSA reference number 457622). Security is required for any mortgage. Mortgages, which must be first charges, are only available to people aged 18 or over - subject to status.
Coventry Building Society, Economic House, PO Box 9 High Street Coventry CV1 5QN