New Mortgage Guides

Other Mortgage Guides

Mortgage Types

Mortgage Tools

Financial Services > Mortgages > Mortgages News

Capped mortgage rate deals unveiled

Bookmark and Share

Mortgage lender Coventry Building Society has announced the launch of two new mortgage deals this week.

The capped mortgage rate offerings, which will be available from tomorrow, are highly competitive, according to the mortgage lender .

The first mortgage deal offers a mortgage rate which is capped at 4.89 per cent until May 31st 2009.

It will be set at 0.75 per cent above the Bank of England's base rate for the term of the mortgage.

Early repayment charges apply for the initial capped mortgage rate period, while overpayments of up to five per cent a year are allowed penalty free.

The new Flexx Capped mortgage also has a mortgage rate that is set at 0.75 per cent above the base rate. The mortgage rate is capped at 4.99 per cent.

No early repayment charges will be levied on this mortgage offering.

First-time buyers, house movers and those trying to find a remortgage all qualify for the new mortgage offerings from Coventry .

Remortgage customers will also receive a free valuation and free legal fees.

An arrangement fee of �350 can be added to the mortgage upon completion, while a booking fee of �199 also applies.

The mortgage offerings will be available at Coventry branches or via the mortgage lender's website or customer service centre.

Bookmark and Share

Recommended Links

Copy and Paste the following HTML into your page.

Receive Mortgage Advice from a Regulated Advisor

Mortgage advice

There is no better time to be seeking suitable mortgage advice from a Regulated mortgage advisor

Submit your details today for an obligation-free chat and a regulated mortgage advisor will call you back to help you find the mortgage that best fits your needs.

We will only provide your details to one regulated advisor.

Your mortgage

 * Help
 * Help
 * Help

About you


Questions marked with * are required

Please be aware that the advisor who contacts you will be a third party advisor who has no connection with us. There is no charge to you for using this service. We are paid by charging your assigned advisor a fee for this service. Any advice or assistance given to you by a third party advisor does not represent our advice or assistance and is not checked or endorsed by us. It is your decision whether or not you act on any advice or assistance you are given.

By clicking “Proceed” you confirm that:

  • You accept our Terms of use; and
  • You would like to be contacted by a regulated third party advisor to discuss your needs.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Financial Services Net Limited and other trusted 3rd parties would like to keep you advised via e-mail or telephone of products, services and other exciting offers we think may interest you. Please untick this box if you do not consent to us contacting you for further information.

Mortgage lenders

Browse mortgage lender offersMortgage Rates by Lender

  • Browse current mortgage offers from over 90 lenders.

Worried about mortgage repayments?Worried about Mortgage Repayments?

  • Join our petition to Government to bail out burdened individuals, not just banks.

Free mortgage quoteFree Mortgage Quote

Mortgages in Scotland Mortgages in Scotland

Equity releaseEquity Release

  • Unlock equity in your home.

Switching mortgagesSwitching Mortgages

Home reversion plansHome Reversion Plans

Commercial mortgages Commercial Mortgages

  • Commercial property loans
  • Starting a business?

Arrears & CCJs?

  • Remortgages
  • Sub prime mortgages
  • Arrears, CCJs
  • Self certification
  • Debt consolidation

Protect your mortgageProtect Your Mortgage

  • 3 months free mortgage protection cover

Mortgage Newsletter