Coventry reduces 2- and 5-year fixed rates

Coventry Intermediaries has reduced rates on its highly competitive range of BTL 2 and 5 year fixed rates available at 65% LTV with low rates starting from 3.19%.

Related topics:  Mortgages
Amy Loddington
5th April 2013
Mortgages
Available from Friday 5th April, highlights include:

- 3.19%, reduced from 3.29%, 2 Year Fixed Rate until 30.04.15, 65% LTV £250 booking fee with £1749 arrangement fee and early repayment charges of 3% of balance until 30.04.15

- 3.39%, reduced from 3.49%, 2 Year Fixed Rate until 30.04.15, 65% LTV £250 booking fee with £999 arrangement fee and ERCs of 3% of balance until 30.04.15

- 3.99%, reduced from 4.09%, 5 Year Fixed Rate until 30.04.18, 65% LTV £250 booking fee with £1,749 arrangement fee and ERCs of 3% of balance until 30.04.18

- 4.19%, reduced from 4.29%, 5 Year Fixed Rate until 30.04.18, 65% LTV £250 booking fee with £999 arrangement fee and ERCs of 3% of balance until 30.04.18

Colin Franklin, Managing Director, Godiva Mortgages, said:


"Our highly competitive range of 2 and 5 year fixed rate BTL mortgages have just got even better, as we have cut rates by 0.10%. So borrowers looking for the security of a fixed rate for 5 years can now do so at the highly competitive, low rate of just 3.99%. We offer a choice of fee structures and don't forget, all products include a valuation up to £700 for BTL and access to our remortgage transfer service."
More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.