P623 Teletext 623 Mar17 16:42:06
CAPPED RATE MORTGAGE OFFER
FROM COVENTRY BUILDING SOCIETY
Assumptions: A couple (male * female)
both non-smokers aged 26, taking a
repayment mortgage over 25 years (300
monthly payments). Monthly mortgage
payments are quoted net of Q5% tax
relief. Capped rate mortgage advanced
01.07.97. Assumed that for the purpose
of calculating the APR, that the
current applied rate applies for the
whole of the mortgage term, as it is
not possible to predict what the
applied rate will bj at the end of the
special term. Monthly mortgage
protection assurance premium £16.00.
The total amount payable includes a
high loan to value lending fee
(payable on completion), a mortgage
valuation fee
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