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Flexx Fixed: your initial rate will be fixed for the first 5 years. After the flexx rate has finished your rate will revert to +0.75% Bank of England Base Rate Tracker for the remainder of the mortgage.
A booking fee applies. An arrangement fee applies. There are no early repayment charges. Interest is calculated daily.
Flexx: your rate will be no more than the Society’s standard variable rate for the entire mortgage term.
A booking fee applies. An arrangement fee applies. There are no early repayment charges. Interest is calculated daily.
Discount: your initial rate is set at a discount off the Society’s standard variable rate. After the discount period your rate will revert to the Privilege rate for the rest of your mortgage term.
A booking fee applies. There is no arrangement fee. Early repayment charges apply. Interest is calculated daily.
Fixed Rate: your initial mortgage rate is fixed for an agreed period. After the fixed rate period has finished your rate will be set above the Bank of England Base Rate Tracker.
There is no booking fee. There is no arrangement fee. Early repayment charges apply. Interest is calculated daily.
Privilege: your rate will be set at this rate for the whole of your mortgage. There is no booking fee. There is no arrangement fee. There are no early repayment charges. Interest is calculated annually.
Standard Variable Rate: your initial rate will be set at the Society’s standard variable rate. After this period has ended you rate will revert to the Privilege rate for the rest of your mortgage.
There is no booking fee. There is no arrangement fee. There are no early repayment charges. Interest is calculated annually.
If you are interested in a mortgage quotation including those offered by the Coventry Building Society please complete our quick enquiry form.
Capped: your rate is capped for 5 years. It is then set above the Bank of England Base Rate Tracker for the remainder for the mortgage.
A booking fee applies. An arrangement fee applies. There are early repayment charges. Interest is calculated annually.
Flexx Capped: your initial rate is capped. It is then set above the Bank of England Base Rate Tracker for the remainder for the mortgage.
A booking fee applies. An arrangement fee applies. There are no early repayment charges. Interest is calculated daily.
Coventry also offers the following as re-mortgages products:
- Flexx Fixed
- Flexx Mortgage
- Discount
- Fixed Rate
- Privilege
- Standard Variable Rate
- Capped
- Flexx Capped
Different fees and charges may apply.
Coventry Building Society also has specialist mortgage products for:
- First Time Buyers
- Buy to Let
- Self Certification
- Offset
First Time Buyer: your initial rate is fixed. After the fixed rate period your mortgage reverts to the Society’s standard variable rate for an agreed period 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 to apply for this type of mortgage.
Self Certification: these type of 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:
Morgage – a combination of a mortgage and a personal loan.
Lifetime mortgages – if you are aged over 60 and want to release the equity in your home |