Loose Change

Friday 16 October 1998 23:02 BST

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COVENTRY BUILDING Society is launching a new home-loan portfolio, including a 4.6 per cent discount on its variable mortgage rate of 8.7 per cent, until January 2001. This carries a non- refundable application fee of pounds 295. A year's interest is payable if you redeem before 31 January 2001, then six months' interest until 31 January 2004. Compulsory insurance is required. Call 0345 665522.

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