MortgagesOct 30 2014

Coventry updates residential mortgage range

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Coventry Building Society has launched a new residential range, including fixed rate and variable rate ‘Flexx for Term’ options.

Available from today (30 October), the range includes:

• 1.79 per cent Flexx for Term at 65 per cent loan-to-value, with a £199 booking fee, £300 arrangement fee and no early repayment charges.

• 1.89 per cent fixed rate until the end of 2016 at 65 per cent LTV, with a £199 booking fee, £300 arrangement fee, with early repayment charges payable to the end of 2016.

• 3.29 per cent fixed rate until the end of 2019 at 80 per cent LTV, with a £199 booking fee, no arrangement fee, early repayment charges payable to the end of 2019.

Darin Landon, distribution director at Coventry Building Society, said the latest range has something for everyone.

“With rates starting from just 1.79 per cent and selected mortgages with no arrangement fees, our new range should be very popular. And as always, all residential products include a valuation up to £670 and access to our remortgage transfer service.”

peter.walker@ft.com