Coventry slashes rates

Ryan Fowler

December 10, 2014

Its 2-year fixed rates are cut from 2.75% to 2.59%, up to 85% loan-to-value, with an £800 arrangement fee.

Coventry Intermediary has also cut its 3.65%, 90% LTV fix, with a £300 arrangement fee, the lender has also cut its 5-year fixed range by up to 0.14%.

Darin Landon, distribution director, said: “Hot on the heels of the Chancellors recent announcement on stamp duty there is more good news for homebuyers.

“We have cut rates on selected 2 and 5-year fixed rates at 85% and 90% LTV with great rates starting from just 2.59%.

“And as booking fees are no longer payable on any of our products, we have fee free options with no arrangement fees payable either; ideal for those looking to keep their costs low.”

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