Coventry cuts rates on FTB range
The Society has also launched a range of 2 and 5-year fixed rates available from 65% to 85% loan to value including a 2.49% 2-year fix at 65% LTV and a 3.99% 5-year fix at 85% LTV. Both products have a booking fee of £199 with an £800 arrangement fee and the new range allows 10% overpayment on all products with a legal and valuation package for remortgages.
Colin Franklin, managing director of Godiva Mortgages, said: “Not only does our new range offer great value for money but all new products now have a 10% overpayment facility.
“And as products include a valuation up to £670 and access to our remortgage transfer service we expect our new range to be extremely popular so act now and make sure your clients have a Happy New Year with the Coventry.”
First-time buyers who are non-members of the society can access a 4.99% 5-year fixed rate at 90% LTV with a £199 booking fee and a £300 arrangement fee.