Coventry cuts high LTV rates by up to 0.26%

Coventry Building Society has today announced rate reductions on high LTV 2 and 5 year fixed rate mortgages.

Related topics:  Mortgages
Rozi Jones
9th December 2014
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The range offers 2 year fixed rates at 2.59% (reduced from 2.75%) at 85% LTV, and 3.39% (reduced from 3.65%) at 90% LTV.

Coventry are also offering five year fixes at 3.69% (reduced from 3.79%) at 85% LTV, and 4.35% (reduced from 4.49%) at 90% LTV.

Darin Landon, Distribution Director, said:

“Hot on the heels of the Chancellors recent announcement on stamp duty there is more good news for homebuyers. We have cut rates on selected 2 and 5 year fixed rates at 85% and 90% LTV with great rates starting from just 2.59%. And as booking fees are no longer payable on any of our products, we have fee free options with no arrangement fees payable either; ideal for those looking to keep their costs low. And don’t forget, all residential products include a valuation up to £670 and access to our remortgage transfer service."

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