Coventry to launch highly competitive mortgage rate

29 July 2005
Coventry Building Society will offer a new and attractive fixed mortgage rate on July 29th.

Coventry, a major British building society, is set to announce a five-year Flexx Fixed rate at 4.85 per cent until the end of September 2010, along with a 0.75 per cent Bank of England base rate tracker.

Coventry's deal is available for loans of up to 95 per cent loan to value. There are no early repayment fees.

There is a £199 booking fee and a £350 arrangement fee, but no legal fee charges for remortgagers.

Customers who are unable to go to a Coventry branch can apply for the mortgage by phone or online.

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