Coventry launches 5-year fixes

Yuan Phoon

January 4, 2012

It has also launched a 3.89% flexx 5-year fixed rate also available at 65% LTV with no early repayment charges.

Both products come with a £199 booking fee and an £800 arrangement fee.

Coventry has also launched a range of 2-year flexx fixed rate buy-to-let mortgages available at 75% loan to value with a £250 booking fee and no early repayment charges.

The 75% LTV buy-to-let deals are available at 5.35% with a £999 arrangement fee and at 5.60% with no arrangement fee and no early repayment charges.

Colin Franklin, managing director at Godiva Mortgages, said: “We are starting the new year with some great news for borrowers. For buy-to-let investors we have 5-year ERC free fixed rate deals starting from 5.35% available up to 75% LTV.

“For residential borrowers who are also looking to take advantages of the current low rates – our 5-year ERC free fixed rate at 3.89% is ideal. As always brokers can find what they’re looking for at Coventry Intermediaries.”

Coventry’s flexx fixed rate mortgage products have no early repayment charges.

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