Coventry Building Society’s new range includes 2 year fixed rates from 2.59% with low arrangement fees and a 5 year Flexx Fixed rate at 3.99% available up to 85% LTV.
This competitive range also includes a legal and valuation package for remortgages. Available from Friday 30th November, highlights include:
2 Year Fixed Mortgage
– 2.59% 2 Year Fixed Rate until 31.12.14, 65% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 31.12.14.
4 Year Fixed Mortgage
– 2.99% 4 Year Fixed Rate until 31.12.16, 65% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of the balance to 31.12.16
5 Year Flexx Fixed
– 3.99% 5 Year Flexx Fixed until 31.12.17, 85% LTV, £199 booking fee with £800 arrangement fee and no ERC’s.
The new range also includes a choice of highly competitive BTL products including, 2 year fixed rates from 3.29% and 2 year Flexx Fixed from 3.49%. Full details of the new range are attached.
Colin Franklin, Sales and Marketing Director, Coventry Building Society, said:
“Many borrowers want the security of a competitive fixed rate without having to pay a large arrangement fee. Our 2 year fixed rate at 2.59% with an arrangement fee of just £300 is ideal. We also expect our 4 year fixed rate at just 2.99% to be very popular with borrowers looking to lock into a fantastic low rate for a longer period.
“And for those looking for more flexibility, we have launched a highly competitive Flexx for Term at 3.99% available up to 85% LTV with no early repayment charges. And all products include a valuation up to £670 (£700 for BTL) and access to our remortgage transfer service, so borrowers need to act now and make sure they don’t miss out.”