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Coventry for intermediaries expands offset range

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  • 09/11/2018
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Coventry for intermediaries expands offset range
Coventry for intermediaries has expanded its offset product range.

 

The lender introduced two, five and ten-year fixed products up to 85% loan to value (LTV).

The two-year fixed product stands at 1.99%, the lowest rate offset product without a fee, at 50% LTV.

The extended range also includes a five-year fixed product at 2.29% and a ten-year fixed product standing at 2.59%, with 85% and 75% LTV respectively. Both products are offered with a £999 product fee.

Kevin Purvey, director of intermediaries (pictured), said that these fee-free products are ideal for clients looking to keep their initial costs low.

He added: “An offset isn’t just for big savers – a small amount saved regularly can make a big difference.”

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