Cap with the Coventry

The Coventry is refreshing its entire mortgage range, to include a new highly competitive capped rate mortgage.

Key features of the capped product are:

+0.30% Base Rate Tracker to 31 03 12 (current applied rate 5.55%)
Rate capped at 5.69% until 31 03 12
£199 booking fee, £650 arrangement fee
Free valuation & remortgage transfer service
Daily interest
No overhanging ERC (ERC – 4% of balance repaid to 31 03 12)
Up to 95% loan to value