Coventry for intermediaries cuts residential rates

13th January 2017

Coventry for intermediaries has reduced rates on selected two and five year fixed residential mortgages and launched a new 50% LTV Flexx for Term range.

The Flexx for Term range is available from 1.39% at 50% LTV and comes with no ERCs and a £999 product fee.

Five-year fixed rates have been reduced from 1.89% to 1.79% at 50% LTV and from 1.99% to 1.85% at 65% LTV.

Kevin Purvey, Director of Intermediaries, said: “We’re delighted to start the new year with reductions across our residential mortgage portfolio, including selected two and five year fixed products.

"We’ve also launched a new range of Flexx for Term products at 50% LTV, which offer highly competitive rates and added flexibility. With a variety of LTVs and fee options available, brokers can start 2017 by finding a great mortgage for their clients with Coventry for intermediaries.”

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