Coventry Intermediaries cuts rates by up to 0.50bps

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Coventry Intermediaries has reduced rates on its range of two and five-year fixed rates. 

New deals include:

Two-year fixed rate mortgages

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  • 2.35% (reduced from 2.49%) 2 Year Fixed Rate until 31.03.15, 65% LTV £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.15
  • 2.65% (reduced from 2.89%) 2 Year Fixed Rate until 31.03.15, 65% LTV £199 booking fee, no arrangement fee and ERCs of 3% of balance until 31.03.15
  • 3.55% (reduced from 3.85%) 2 Year Fixed Rate until 31.03.15, 85% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.15
  • 3.75% (reduced from 4.25%) 2 Year Fixed Rate until 31.03.15, 85% LTV, £199 booking fee, no arrangement fee and ERCs of 3% of balance until 31.03.15

 

Five-year fixed rate mortgages

  • 2.95% 5 Year Fixed Rate until 31.03.18, 65% LTV £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.18
  • 3.15% (reduced from 3.39%) 5 Year Fixed Rate until 31.03.18, 65% LTV £199 booking fee with no arrangement fee and ERCs of 3% of balance until 31.03.18

Colin Franklin, managing director of Godiva Mortgages, said: “Our recent, highly competitive residential range has just got even better! Due to the strong demand from brokers for 2 year fixed deals we have decided to reduce rates starting from a best buy rate of 2.35%. We have also cut prices across our range with some fantastic low rates, available up to 90% LTV and many with no arrangements fees.

“And as all products include a valuation up to £670 and access to our remortgage transfer service, we are confident that there is something for everyone in our new range.”