Coventry cuts five-year fixed rates by up to 0.24%

Coventry for intermediaries has reduced residential five-year fixed rates by up to 0.24%.

Related topics:  Mortgages
Rozi Jones
26th July 2017
Coventry
"All of our products are application fee free and include a valuation of up to £670 for residential mortgages."

Rates now start from 1.79% up to 50% LTV, with a £999 product fee.

Also available is a five-year flexx fixed rate at 2.19% up to 75% LTV with a £499 product fee.

For first-time buyers, Coventry is launching a 90% LTV five-year fix at 2.99% with no product fee.

Kevin Purvey, Director of Intermediaries, said: “With reductions of up to 0.24%, our five-year fixed residential range is now even better. In addition to competitive rates and a range of LTVs and fees available, all of our products are application fee free and include a valuation of up to £670 for residential mortgages.

"We’re confident that our improved range will be welcomed by brokers and their clients looking for the stability of a long term fixed rate.”

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