Coventry Intermediaries launches new fixed rates

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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.”

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