Coventry intermediaries launches fixed range

Nia Williams

November 30, 2012

The new range has 2-year fixed rates from 2.59% with low arrangement fees and a 5-year flexible fixed rate at 3.99% available up to 85% LTV and the range includes a legal and valuation package for remortgages.

The Coventry has also included a choice of buy-to-let products such as 2-year fixed rates from 3.29% and 2 year flexible fixed rates from 3.49%.

Colin Franklin, managing director of Godiva Mortgages, said: “Many borrowers want the security of a competitive fixed rate without having to pay a large arrangement fee. Our 2-year fixed rate at 2.59% with an arrangement fee of just £300 is ideal. We also expect our 4-year fixed rate at just 2.99% to be very popular with borrowers looking to lock into a fantastic low rate for a longer period.

Franklin added: “And for those looking for more flexibility we have launched a highly competitive flexible product for the term of the mortgage at 3.99% available up to 85% LTV with no ERCs.”

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