The Coventry Building Society has unveiled a new range, which includes two-year fixed rates from 2.59% and a five-year Flexx Fixed rate at 3.99% available up to 85% loan to value (LTV).
The new range also includes a legal and valuation package for remortgages.
Deals include:
- A 2.59% two-year fixed rate mortgage until 31.12.14, 65% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 31.12.14.
- A 2.99% four-year fixed rate until 31.12.16, 65% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of the balance to 31.12.16
- A 3.99% five-year Flexx Fixed until 31.12.17, 85% LTV, £199 booking fee with £800 arrangement fee and no ERCs.
The new range also includes a choice of buy-to-let products including two-year fixed rates from 3.29% and a two-year Flexx Fixed from 3.49%.
“Many borrowers want the security of a competitive fixed rate without having to pay a large arrangement fee,” said Colin Franklin, sales and marketing director at the Coventry Building Society.
“Our two-year fixed rate at 2.59% with an arrangement fee of just £300 is ideal. We also expect our four-year fixed rate at just 2.99% to be very popular with borrowers looking to lock into a fantastic low rate for a longer period.
“And for those looking for more flexibility, we have launched a highly competitive Flexx for Term at 3.99% available up to 85% LTV with no early repayment charges.
“And don’t forget, all products include a valuation up to £670 (£700 for buy-to-let) and access to our remortgage transfer service, so borrowers need to act now and make sure they don’t miss out.”