New offset mortgage deals from the Coventry
On Friday 17 November, Coventry Building Society is adding a new highly competitive offset tracker to its mortgage product range.Key features of this tracker product are:
+0.10% Flexx Base Rate Tracker until 31 December 2008
Followed by +0.60% above Bank of England Base Rate for the term
Current applied rate 5.10%
Free valuation
Free legal fees for remortgagors
Daily interest
No early repayment charges
£199 booking fee
£500 arrangement fee
The Society is also launching an Offset Flexx Fixed Mortgage at 5.69% until 31 December 2011. This Flexx product has no early repayment charges, free valuation, free legal fees for remortgagors and daily interest.
Colin Franklin, Head of Sales at the Coventry said: “These attractive new products are available to borrowers who want to combine their mortgage and savings. It means that they are effectively earning tax free interest on their savings as well as having a flexible, early repayment charge free mortgage that enables them to reduce the total amount paid.”
For more information, visit coventrybuildingsociety.co.uk.