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Coventry for intermediaries slashes rates

by Stephen Little
July 26, 2017
Secured lending sees best December since 2007
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lending, loans (house, pen, keys, document, mortgage)Coventry for intermediaries has reduced rates across its five-year fixed range from 50% to 90% LTV by up to 0.24%.

Rates start at 1.79% with a £999 product fee for those with a 50% deposit.

There is also a 2.19% fix with a £499 product fee for those with a 25% deposit.

Also included in the range is a 2.99% five-year fix with no product fee for those with a 10% deposit.

Kevin Purvey, director of intermediaries, said: “In addition to competitive rates and a range of LTVs and fees available, all of our products are application fee free and include a valuation of up to £670 for Residential mortgages.

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“We’re confident that our improved range will be welcomed by brokers and their clients looking for the stability of a long-term fixed rate.”

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