Coventry cuts remortgage rates

The new range includes:

• A 2 year fixed rate residential mortgage at 4.99%, £199 fees, available up to 85% loan to value.

• A 2 year fixed rate residential mortgage at 3.99%, £999 fees, available up to 65% loan to value, offering unlimited overpayments without penalty.

• An 3.50% 2 year fixed rate residential mortgage, £999 fees, available up to 65% loan to value.

All of the society’s residential range include one valuation up to £650, as well as a legal package for remortgagors.

Colin Franklin, sales and marketing director at the Coventry and managing director of Godiva Mortgages, said: “Our new range offers real value to borrowers looking to remortgage for a better deal. Brokers can be confident that by recommending a Coventry or Godiva product, they are putting their customers in safe hands.”