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UK Mortgage Lenders
The following standard mortgage schemes are offered by Coventry Building Society:
Flexx Fixed: your starting rate will be fixed for the first 5 years, after which your rate will revert to +0.75% Bank of England Base Rate Tracker for the rest of the mortgage period.
Flexx: your rate will not go above the Society's standard variable rate for the entire mortgage term.
Discount: your starting rate is set at a discount off the Society's standard variable rate. After the discount period has concluded your rate will revert to the Privilege rate for the rest of your mortgage term.
Fixed Rate: your starting mortgage rate is fixed for an agreed period, after which your rate will be set above the Bank of England Base Rate Tracker.
Privilege: your rate will be set at this specified rate for your entire mortgage.
Standard Variable Rate: your initial rate will be set at the Society's standard variable rate. After this period is over your rate will go back to the Privilege rate for the rest of your mortgage.
Other Mortgages:
Capped: your rate is capped for 5 years, then it is set above the Bank of England Base Rate Tracker for the rest of the mortgage term.
Flexx Capped: your starting rate is capped, then it is set above the Bank of England Base Rate Tracker for the rest of the mortgage term.
Coventry also offers the following as re-mortgage products:
Different fees and charges may apply Coventry Building Society also has specialist mortgage products for:
First Time Buyer: your initial rate is fixed. After the fixed rate period is over your mortgage goes back to the Society's standard variable rate for an agreed interval and then the Privilege rate for the rest of the mortgage term. Buy to Let: you can choose between fixed and flexx buy to let mortgage products. You must be over 25 years old to apply for this type of mortgage. Self Certification: these types of mortgage products are aimed at the self employed and include discount, fixed and flexx products. Offset: this type of product offsets your saving's against your mortgage. Coventry has discount, tracker and fixed rate options. Coventry has the following financial mortgage plans:
Do you want to compare Coventry Building Society please complete our quick enquiry form. |
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