Coventry launches lowest ever 5-year fix

Jessica Nangle

November 15, 2016

Coventry for intermediaries has launched its lowest ever 5-year fixed rate at 1.84% to 50% loan-to-value with a £999 product fee.

The society has also launched a 3.05% ‘best buy’ 5-year fix to 90% LTV.

Kevin Purvey, director of intermediaries, said: “We are delighted to be launching our lowest ever 5-year fixed rate.

“And for clients with a lower deposit, we have a best buy rate of 3.05%.

“With no product fee, this is ideal for brokers looking to keep their clients’ initial costs low. Plus, all of our products are application fee free and include a valuation of up to £670.”

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