Account Summary
Buy to Let Standard Variable Rate
Product NameBuy to Let Standard Variable Rate
Current Rate 4.74%
TermStandard Variable Rate applies for the term of the mortgage.

Current applied rate 4.74%.

The overall cost for comparison is
4.9% APR
Fees/Incentives
(Fees will not be refunded)
  • Booking Fee: None
  • Arrangement Fee: None
  • ONE mortgage valuation up to max. £680.00 included
    • Early Repayment Charges

    4.00% of the balance repaid until 30.06.13

    You can repay up to 5% of the capital p.a. without an early repayment charge.

    Maximum Loan to Value
    (LTV)     		65%
    Interest ChargedDaily

    Your home may be repossessed if you do not keep up repayments on your mortgage.

    This rate is exclusively available to all existing members who wish to either borrow additional funds during their mortgage term or raise additional funds when porting their mortgage.

    Flexibility

    Flexibility with interest charged daily and 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).

    Should you wish to pay your mortgage off before the end of the agreed term, a £125.00 redemption fee will be payable, plus any applicable early repayment charges.

     
     

    Additional Notes

    You may have one standard mortgage valuation (up to a maximum of £680) 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 £680).

    Launch date 25.05.10

    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