New five-year fixed mortgage from the Coventry

Key features of this product include:

5.35 per cent fixed until 30 April 2007.

Up to 95 per cent loan to value.

Free valuation.

Remortgage transfer service.

Option to reduce capital by 5 per cent without penalty per annum.

£295 (£95 online) arrangement fee (added on completion).

No overhanging redemption charges.

No ‘up front’ costs.

Customers can apply for this new product through any of the Society’s 50 branches, by telephoning the Customer Service Centre on 0845 7665522 or by applying online at www.coventrybuildingsociety.co.uk or www.remortgages.co.uk.