Coventry cuts 10-year fix to 2.39%

Ryan Bembridge

June 8, 2018

Coventry cuts 10-year fix to 2.39%t 10-year fixes by 0.10% to 2.39% to 50% loan-to-value and 2.49% to 65% LTV.

Both products come with a £999 product fee.

Kevin Purvey, director of intermediaries at Coventry, said: “In the current climate of uncertainty, 10 year fixed products are popular with borrowers looking for a fixed mortgage payment over the longer term.

“With reduced rates, no ERCs after five years for the products at 50% and 65% LTV, and a standard valuation included up to £670, our 10 Year Fixed residential range is now even more attractive for brokers’ clients looking for long-term stability.

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