Coventry launches new product range

Coventry Intermediaries has announced the launch of a new range of residential mortgage products.

They include two- and five-year fixed rates, variable rate ‘Flexx for Term’ and base rate tracker options, and are available with a selection of fee structures and loan-to-value (LTV) ratios.

Colin Franklin, managing director of Godiva Mortgages, said it was “business as usual” at the building society.

“Our new range includes some highly competitive and best buy options. So whether borrowers are looking for the security of a fixed rate or a low base rate tracker, there is something for everyone.”

Highlights include:

1.75 per cent Base Rate Tracker (Base Rate +1.25%) until 30.09.16, at 65 per cent loan-to-value, £199 booking fee, £800 arrangement fee and early repayment charges (ERCs) payable to 30.09.16.

2.29 per cent Variable Rate Flexx for Term, 65 per cent LTV, £199 booking fee, £300 arrangement fee and no ERCs.

2.19 per cent Fixed Rate until 30.09.16, 65 per cent LTV £199 booking fee, £300 arrangement fee and ERCs payable to 30.09.16.

3.25 per cent Fixed Rate until 30.09.19, 65 per cent LTV, £199 booking fee, no arrangement fee and ERCs payable to 30.09.19.

3.05 per cent Fixed Rate until 30.09.16, 85 per cent LTV £199 booking fee, £800 arrangement fee and ERCs payable to 30.09.16.

3.99 per cent Fixed Rate until 30.09.19, 85 per cent LTV, £199 booking fee, £800 arrangement fee and ERCs payable to 30.09.19.

Go to coventrybuildingsociety.co.uk for full details.