Coventry BS includes Scotland in capped rate products launch

The Society’s combined mortgage and unsecured personal loan gives first time buyers and movers the ability to not only purchase their house, but also the capacity to cover additional associated costs.

The new market leading products, all capped at 6.60% to 31 03 2008, are as follows:

- 5.95% applied rate - up to 105% LTV (+1.20% Base Rate Tracker)

- 6.05% applied rate - up to 115% LTV (+1.30% Base Rate Tracker)

- 6.25% applied rate - up to 125% LTV (+1.50% Base Rate Tracker)

Incentives include:

- No higher lending fee

- Free valuation

- Daily interest

Option to repay 10% of mortgage balance per annum without penalty.