Coventry Intermediaries cuts residential rates

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Coventry Intermediaries has cut rates across its residential range, with two-year fixed products starting from 1.69%. 

New deals include:

2 Year Fixed

  • 1.69% Fixed Rate until 30.06.17, 65% LTV, ERCs payable to 30.06.17 and £999 arrangement fee.

5 Year Fixed

  • 2.29% (reduced from 2.39%) Fixed Rate until 30.06.20, 65% LTV, ERCs payable to 30.06.20 and £999 arrangement fee.
  • 2.79% (reduced from 2.99%) Fixed Rate until 30.06.20, 75% LTV, ERCs payable to 30.06.20 and no arrangement fee.

Flexx for Term

  • 2.55% (reduced from 2.65%), variable rate, 85% LTV, £300 arrangement fee and no ERCS.

 

Darin Landon, Coventry Intermediaries’ distribution director, said: “Our highly competitive range is now even better, as we have reduced rates across our 2 and 5 year fixed rate products. Starting from just 1.69% at 65% LTV, with a number of fee free options available, our new low rates are ideal for borrowers looking to lock into a highly competitive fixed rate.

“And for borrowers looking for flexibility and unlimited overpayments, our Flexx for Term range is perfect. As always, there is something for everyone at the Coventry.”