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First Time Buyer Guide »

Coventry Launch First Time Buyers Mortgage to Loyal Members, 90% LTV.

New Product - First Time Buyer Members’ Mortgage

On Tuesday 15 September, Coventry are launching a new low deposit mortgage product, designed to help their loyal members and their children buy their first home.

 

Coventry
Building Society

Current rate

Max
LTV

Fees and incentives

ERC

FTM01 - First Time Buyer
5.99% Fixed to 30.09.14

5.99%

90%

Booking Fee: £199
Arrangement Fee: NONE
FREE Valuation
£500 IKEA Gift Card issued on completion

Yes

 

The product is available to first time buyers:

  • who have held a Coventry savings or current account for the last 3 consecutive years, or,
  • whose parent/guardian has held a Coventry mortgage, savings or current account for the last 3 consecutive years.

Booking and Valuation fees (where applicable) are payable on application and are non-refundable. Until these fees are received, your application will not be processed, the rate is not reserved and a valuation will not be instructed. Fees are payable by Debit/Credit card or cheque.

“This is the first decent 90% LTV deal to come out, hopefully others will follow without the loyalty restriction. Watch this space or contact us to join our mortgage register”

 

Nick Mann - Independent Financial Adviser and Mortgage Broker - Harpenden

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This entry was posted on Monday, September 14th, 2009 at 10:33 AM and is filed under Mortgage Rates, News and Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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