Coventry cuts rates

Robyn Hall

May 9, 2013

The Coventry will now offer its 2-year fixed rate mortgage at 2.25% and its Flexx for Term for 2.35%. Both products are available for up to 65% loan to value.

The Offset Flexx for Term will now be available at 2.85% for up to 75% LTV and the buy-to-let Flexx for Term has been reduced to 3.29% for up to 65% LTV.

Colin Franklin, managing director of Godiva Mortgages, said: “Our popular Flexx for Term range has just got even better as we have cut rates by up to 0.70%.

“Borrowers can now enjoy the flexibility of no ERCs and unlimited overpayments from rates as low as 2.35%.

“And for borrowers looking for the security of a fixed rate, we have also reduced rates on all our 2 year fixed products by 0.10%.”

All products include a valuation up to £700 and access to the Coventry’s remortgage transfer service.

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