Coventry mortgage rates are cut by up to 0.3 pc.
Coventry mortgage rates have been reduced on selected products across both its buy-to-let and residential range.
For residential deals Coventry mortgage rates have been reduced from 3.89 pc for a 2 year fixed deal to 3.18 pc. The new offer is available for 65 pc LTV and comes with an £800 arrangement fee and a £199 booking fee.
The Coventry also offer a 5 year fixed rate deal at 3.89 pc which has been reduced down from 3.99 pc. The new deal is offered for up to 65 pc LTV and comes with an £800 arrangement fee and a £199 booking fee.
Would-be investor landlords are also to benefit from a mortgage rate reduction. A Coventry buy-to-let mortgage is now offered for up to 65 pc LTV for a 2 year fix at a rate of a 3.99 pc, which is reduced down from 4.25 pc. For this new deal a £1,249 arrangement fee and a £250 booking fee will apply.
A spokesperson for the Coventry commented on the new rates advising that the new low priced mortgage range offers true value for money. With fixed rates starting as low as 3.18 pc, mortgage borrowers will have peace of mind and protection from cost increases at a low rate.
For details of the latest Coventry mortgage rates on offer and comparison against other lenders competitive deals contact 'whole of market' broker Deal Direct. We are committed to finding our customers great deals.
