Key features of this tracker product are:
• +0.10 per cent flexx base rate tracker until 30 June 2009
• Current applied rate 5.60 per cent
• Free valuation
• Free legal fees for remortgagors
• No early repayment charges
• £199 booking fee
• £800 arrangement fee
Julie Jones, head of intermediary sales at the Coventry, said: “The offset product is ideal for borrowers who want to combine their mortgage and savings. The product combines a low pay rate and offers the flexibility of no early repayment charges enabling them to reduce their capital without penalty.”
