Coventry Building Society Fixed 2.59% until 30/06/2028

Which? customer score 70%
Assumed borrowing of £125,000 over 25 years, representative 3.4% APRC. Total amount payable: £185,134.19. Includes interest of £59,135.19, Valuation fee of £0, Booking fee of £0 and Administration fee of £999. Repayments: 120 monthly repayments of £566.45 at 2.59% (fixed), then 180 monthly repayments of £645.34 at 4.49% (variable).
Coventry Building Society customer satisfaction scorecard:
How do we work this out?Clarity of statements | Flexibility of payments | Transparency of charges | Customer service | Overall customer score |
70%Good |
Eligibility
Maximum age | 75 |
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Minimum age | 18 |
Location | England, Wales, Scotland |
Restricted location note | N/A |
Existing customer note | N/A |
Eligibility notes | N/A |
Mortgage product details
Mortgage types | Purchase, Remortgage |
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Deal type | Fixed |
Tracker type | N/A |
Payment options | Repayment |
Mortgage product features
Overpayments allowed | Yes |
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Overpayment limits note | Up to 10% of the outstanding balance per year. |
Offset mortgage | No |
Help to Buy mortgage | No |
Shared ownership mortgage | No |
Shared equity mortgage | No |
New-build mortgage | No |
Self-build mortgage | No |
Portable mortgage | Yes |
Product fees
Arrangement fee | £999 |
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Arrangement fee can be added to loan | Yes |
Booking fee | £0 |
Telegraphic transfer fee | £8 |
Insurance fee | £0 |
Other fees | £0 |
Rate information
Minimum borrowing amount | £1,000 |
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Maximum borrowing amount | £2,000,000 |
Minimum term (years) | 0 |
Maximum term (years) | 35 |
Initial deal end date | 30.06.28 |
Initial deal length (months) | 120 |
APRC | 3.37% |
Initial rate | 2.59% |
Revert-to rate | 4.49% |
Maximum LTV | 65.0% |
Other charges
Exit fees | £0 |
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Valuation admin fee | £0 |
Valuation fee | From £100 for property value above £60,000 |
Early repayment note | 5% then, 5% then, 3% then, 3% then, then 3% |
Standard benefits
Valuation admin fee excluded from any refund offer | Yes |
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Maximum free valuation | £670 |
Cash back amount | £0 |
Further notes about benefits | N/A |
Remortgage benefits
Cash back on legal fees | No |
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Free legal work | No |
Valuation offer | Free |
Purchase mortgage benefits
Cash back on legal fees | No |
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Free legal work | No |
Valuation offer | Free |