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Coventry cuts rates

by ben.wilkie
April 24, 2012
Coventry cuts rates
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Coventry Building Society has reduced rates on selected products across its Residential and Buy to Let range.

This includes

Residential Mortgages

3.18 per cent (reduced from 3.48 per cent), 2 year fixed rate until 30.06.14, 65 per cent LTV, £199 booking fee with £800 arrangement fee.

3.89 per cent (reduced from 3.99 per cent), 5 year fixed rate until 30.06.17, 65 per cent LTV, £199 booking fee with £800 arrangement fee.

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Buy to Let Mortgages

3.99 per cent (reduced from 4.25 per cent), 2 year fixed rate until 31.05.14, 65 per cent LTV, £250 booking fee with £1,249 arrangement fee.

Colin Franklin, sales and marketing director, Coventry Building Society, said: “Our new lower priced range offers real value for money. With a great range of Residential fixed rate deals starting from as low as 3.18 per cent, borrowers can have the peace of mind of a fixed monthly repayment whilst enjoying a highly competitive low rate.

Buy to let investors will not miss out either, as we have dropped our 2 year fixed rate of 4.25 per cent down to 3.99 per cent. With a range of savings to be made on reduced fees, low rates and a valuation up to £700 included, we are confident that there is something for everyone at the Coventry”.

Tags: fixed rate mortgageInterest Ratesmortgage rate
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