Coventry Intermediaries launches new fixed rates

Published on

percentage cubes

Coventry Intermediaries has unveiled a range of two and five-year fixed rates, available from 65% LTV to 85% LTV.

The new range allows overpayments of 10% on all new products and includes a legal and valuation package for remortgages.

New deals include:

2 Year Fixed Mortgages

  • 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
  • 2.69% 2 Year Fixed Rate until 31.03.15, 70% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.15

5 Year Fixed Mortgage

  • 2.99% 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
  • 3.99% 5 Year Fixed Rate until 31.03.18, 85% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of balance until 31.03.18

First Time Buyer Mortgage

  • 4.95% 5 Year Fixed Rate until 31.03.18, 90% LTV, £199 booking fee, no arrangement fee, £500 IKEA vouchers and ERCs of 3% of balance until 31.03.18 for members only
  • 4.99% 5 Year Fixed Rate until 31.03.18, 90% LTV, £199 booking fee and £300 arrangement fee and ERCs of 3% of balance until 31.03.18

Colin Franklin, managing director, Godiva Mortgages, said: “We are starting the year with a fantastic new range of mortgages which includes 2 year fixed rates from 2.49% and fixed rate for 5 years for just 2.99%.

“We have also cut rates on our First Time Buyer deals – members can now benefit from a five year fixed rate of 4.95% and £500 IKEA gift vouchers. Not only does our new range offer great value for money but all new products now have a 10% overpayment facility.

“And as products include a valuation up to £670 and access to our remortgage transfer service, we expect our new range to be extremely popular, so act now and make sure your clients have a Happy New Year with the Coventry.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

HouzeCheck completes 40,000th property survey

HouzeCheck has reached a major milestone, completing its 40,000th property survey since launching seven...

Market Harborough BS appoints specialist telephone BDM

Market Harborough Building Society has expanded its broker support team with the promotion of...

Positive Lending grows regional sales team with new hire

Positive Lending has appointed Adam Turvey as a regional account manager. Turvey (pictured, right) joins...

The Exeter reports record usage of HealthWise app

The Exeter has announced a record increase in usage of its member benefits app,...

Other news

HouzeCheck completes 40,000th property survey

HouzeCheck has reached a major milestone, completing its 40,000th property survey since launching seven...

Getting to know you: Luther Yeates, Orton Financial

Name: Luther Yeates Age: 29 Location: Bristol Qualification Year: 2017 Firm: Orton Financial Specialty: Complex requirements, i.e. working abroad,...

Market Harborough BS appoints specialist telephone BDM

Market Harborough Building Society has expanded its broker support team with the promotion of...