Coventry Building Society

Coventry Building Society

October 03, 2012 08:00 ET

Coventry Intermediaries Cuts Rates Even Further on BTL Range and Launches a Market Leading 2 Year Fixed Rate at 3.05%

LONDON, UNITED KINGDOM--(Marketwire - Oct. 3, 2012) - Coventry Intermediaries has cut rates even further on its competitive range of BTL mortgages which includes a legal and valuation package for remortgages, as well as launching a market leading 2 year Flexx fixed rate at 3.05%. Available from Tuesday 2nd October highlights include;

2 Year Flexx Fixed Mortgage

  • 3.05% (reduced from 3.15%), 2 Year Flexx Fixed Rate until 31.10.14, 65% LTV, £250 booking fee with 3% arrangement fee and no ERC's.

Flexx for Term

  • 4.39% (reduced from 4.49%), 65% LTV, £250 booking fee with no arrangement fee and no ERC's.

5 Year Fixed Mortgages

  • 4.35% (reduced from 4.65%), 5 Year Fixed Rate until 31.10.17, 65% LTV, £250 booking fee with £1,800 arrangement fee.
  • 4.45% (reduced from 4.75%), 5 Year Fixed Rate until 31.10.17, 65% LTV, £250 booking fee with £1,249 arrangement fee.
  • 4.69% (reduced from 4.99%), 5 Year Fixed Rate until 31.10.17, 65% LTV, £250 booking fee with no arrangement fee.

Colin Franklin, Managing Director, Godiva Mortgages, said: "Our highly competitive BTL range just got even better. Hot on the heels of last week's rate cuts we have slashed our prices even further. Not only have we reduced rates by up to 0.30%, we have also launched a market leading 2 year Flexx Fixed at 3.05% - ideal for BTL investors looking for the security of a fixed rate with the flexibility of no ERC's. And don't forget, all products include a valuation up to £700 and access to our remortgage transfer service. Now is the time to remortgage with the Coventry".

For more information mortgage introducers should telephone the central intermediary support team on 0845 757 3612 or log onto www.coventryintermediaries.co.uk.

Coventry BS Current Max Fees and incentives ERC
Rate LTV
Booking Fee: £250
Buy to Let Arrangement Fee: 3% (Min. £500)
3.05% Flexx Fixed to 3.05% 65% Valuation up to £700 included None
31.10.14 Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: £999
3.89% Flexx Fixed to 3.89% 65% Valuation up to £700 included None
31.10.14 Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: £1,800 3% of the
4.35% Fixed to 31.10.17 4.35% 65% Valuation up to £700 included balance repaid to 31.10.17
Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: £1,249 3% of the
4.45% Fixed to 31.10.17 4.45% 65% Valuation up to £700 included balance repaid to 31.10.17
Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: £999 3% of the
4.59% Fixed to 31.10.17 4.59% 65% Valuation up to £700 included balance repaid to 31.10.17
Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: None 3% of the
4.69% Fixed to 31.10.17 4.69% 65% Valuation up to £700 included balance repaid to 31.10.17
Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: £999
Flexx for Term 4.25% 65% Valuation up to £700 included None
Remortgage Transfer Service
included
Booking Fee: £250
Buy to Let Arrangement Fee: None
Flexx for Term 4.39% 65% Valuation up to £700 included None
Remortgage Transfer Service
included

Contact Information

  • For more information or additional comment please contact:
    Coventry Building Society
    Press Office
    0870 607 7727
    media@thecoventry.co.uk
    We monitor and record phone calls.