From: john boyle
Newsgroups: uk.finance
Subject: Re: Coventry Building society - Confused about thier mortgage products
Date: Wed, 10 Dec 2003 09:55:39 +0000
In message <3fd611f9.6050226@text.news.ntlworld.com>, Rob Beattie
writes
>Coventry's Flexx rate is over 1.5% lower than their variable rate and
>will aplly for the life of the mortgage. So why would anyone apply for
>their standard variable product when it is so much dearer?
>It seems to be a bargain unless I am missing something.
Nobody does apply for it. Its what many people end up paying when their
'special deal' expires because most deals, unlike the flexx, only last
for a year or so.
--
john boyle
|