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Coventry Building Society reduces five-year fix rates 

by: Chris Menon
  • 17/10/2017
  • 0
Coventry Building Society reduces five-year fix rates 
Coventry for intermediaries has reduced mortgage rates across its five-year fixed-rate residential, 90% loan to value (LTV) range by up to 0.16%.

From today the adviser arm of Coventry Building Society will be offering the following deals will be available:

• 2.69% (reduced from 2.85%), Early Repayment Charges (ERCs) payable to 31 December 2022 with a £999 product fee.

• 3.05% (reduced from 3.19%), ERCs payable to 31 December 2022 and no fee

• 3.05% (reduced from 3.19%), no ERCs with a £499 product fee. 

Kevin Purvey, director of intermediaries, said: “We’re excited to reduce rates across our 90% LTV five-year fixed range. With rates starting from 2.69%, borrowers can take advantage of the certainty of a fixed mortgage payment for the long term. In addition, all of our products are application fee free and include a valuation of up to £670 for residential mortgages. We also offer £500 cash back on fixed residential completions for first time buyers and home movers and our remortgage transfer service for remortgages.”

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