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Coventry and Newcastle boost mortgage offerings
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Mortgage SolutionsCoventry for Intermediaries has enhanced its five-year fixed residential and buy-to-let ranges with products starting at 2.34% for owner-occupiers.
The residential five-year fixed rates are available between 65% and 90% loan-to-value (LTV). Buy-to-let mortgages are offered at 65% LTV.
For borrowers looking for more flexibility Coventry has launched Flexx for Term products with rates starting from 1.75% with a £999 arrangement fee.
All deals include a valuation of up to £670 for residential mortgages and £700 for buy to let and have no product fee.
Newcastle Intermediaries has launched its All in One product which covers all fees associated with a home purchase and remortgage.
The product offers a 2.59% two-year fixed rate which is available up to a maximum of 80% LTV.
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The society has reviewed the typical legal costs incurred by borrowers and has designed a product which covers all of these costs. Valuation fees and product fees are also included in the product so the borrower does not have to part with the cash upfront.
The product is available to Sesame, Openwork, L&G, Intrinsic, First Complete, Pink Home Loans, The Mortgage Alliance, Premier Mortgage Services, SimplyBiz Mortgages and Tenet.
The ‘All In One’ product aims to help borrowers budget better by taking care of all the setting up costs of taking out a mortgage with a competitive rate of interest.