Coventry slashes rates

Sarah Davidson

April 21, 2015

Its 65% LTV 2-year fix will stand at 1.69%, while borrowers can also take out a 5-year fix at 2.29%, both with a £999 arrangement fee.

Its fee free 75% LTV 5-year fix has been cut to 2.79%, while the lender has also reduced its 85% LTV flex for term variable to 2.55% with a £300 arrangement fee and no repayment charges.

Darin Landon, distribution director, said: “Our highly competitive range is now even better, as we have reduced rates across our 2 and 5-year fixed rate products.

“Starting from just 1.69% at 65% LTV, with a number of fee free options available, our new low rates are ideal for borrowers looking to lock into a highly competitive fixed rate.

“And for borrowers looking for flexibility and unlimited overpayments, our flexx for term range is perfect. As always, there is something for everyone at the Coventry.”

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