Coventry MOREgage range improved
www.moneynews.co.uk > Mortgages > Coventry MOREgage range improved
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Money News |
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Coventry MOREgage range improved
Wed 5th Oct 2005
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Aimed at first time buyers, the Coventry MOREgage enables customers to borrow a mortgage of 95 per cent loan-to-value (LTV) as well as an additional loan of up to 30 per cent of the value, or a maximum of £25,000.
Both come with the same rate of interest, as well as a free valuation.
Furthermore, customers pay no early redemption charge for the unsecured personal loan, but there is a charge of four per cent for those making an early repayment on the mortgage during the benefit period.
A Coventry fixed rate mortgage is also available, allowing customers to borrow 100 per cent LTV, with a rate of 5.5 per cent.
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