Coventry Building Society

Coventry Building Society

April 30, 2013 09:00 ET

Coventry Intermediaries Extends Highly Competitive Range of Offset and Flexx for Term Mortgages

LONDON, UNITED KINGDOM--(Marketwired - April 30, 2013) -

This news release is for the use of journalists only.

Coventry Intermediaries has extended its highly competitive range of Offset and Flexx for Term options. The new products include a Flexx for Term deal at 80% LTV with a great rate of 3.25%. Available from Tuesday 30th April highlights include;

  • 2.45%, 2 Year Fixed Rate until 30.06.15 65% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 30.06.15.
  • 3.69%, 5 Year Fixed Rate until 30.06.18, 80% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 30.06.18.
  • 3.25%, Flexx for Term, 80% LTV £199 booking fee with £800 arrangement fee with no ERCs.
  • 2.99%, Offset, 2 Year Fixed Rate until 30.06.15, 75% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 30.06.15.

Colin Franklin, Managing Director, Godiva Mortgages, said: "Our highly competitive range of Flexx for Term and Offset mortgages have just got even better. With additional products available up to 80% LTV, now even more borrowers can benefit from our great rates and flexibility. And as always, all products include a valuation up to £670 and access to our remortgage transfer service."

Full details of the new products are attached.

Coventry BS Current Rate The overall cost for comparison is Max LTV Fees and incentives ERC
Residential 2.45% 4.3% APR 65% Booking Fee: £199 3% of the
2.45% Fixed to 30.06.15 Arrangement Fee: £300 balance to
Followed by Standard Valuation up to £670 30.06.15
Variable Rate to 30.06.18, included
currently 4.74%. Remortgage Transfer
Followed by Privilege Rate for Service included
the remainder of the
mortgage, currently 4.49%
Residential 2.55% 4.3% APR 65% Booking Fee: £199 3% of the
2.55% Fixed to 30.06.15 Arrangement Fee: None balance to
Followed by Standard Valuation up to £670 30.06.15
Variable Rate to 30.06.18, included
currently 4.74%. Remortgage Transfer
Followed by Privilege Rate for Service included
the remainder of the
mortgage, currently 4.49%
Residential 3.19% 4.5% APR 80% Booking Fee: £199 3% of the
3.19% Fixed to 30.06.15 Arrangement Fee: £300 balance to
Followed by Standard Valuation up to £670 30.06.15
Variable Rate to 30.06.18, included
currently 4.74%. Remortgage Transfer
Followed by Privilege Rate for Service included
the remainder of the
mortgage, currently 4.49%
Residential 3.69% 4.3% APR 80% Booking Fee: £199 3% of the
3.69% Fixed to 30.06.18 Arrangement Fee: £300 balance to
Followed by Privilege Rate for Valuation up to £670 30.06.18
the remainder of the included
mortgage, currently 4.49% Remortgage Transfer
Service included
Residential 3.25% 3.4 % APR 80% Booking Fee: £199 None
Flexx for Term Arrangement Fee: £800
Valuation up to £670
included
Remortgage Transfer
Service included
Offset 2.99% 4.4% APR 75% Booking Fee: £199 3% of the
2.99% Fixed to 30.06.15 Arrangement Fee: £300 balance to
Followed by Standard Valuation up to £670 30.06.15
Variable Rate to 30.06.18, included
currently 4.74%. Remortgage Transfer
Followed by Privilege Rate for Service included
the remainder of the
mortgage, currently 4.49%
Offset 3.49% 4.2% APR 75% Booking Fee: £199 3% of the
3.49% Fixed to 30.06.18 Arrangement Fee: £300 balance to
Followed by Privilege Rate for Valuation up to £670 30.06.18
the remainder of the included
mortgage, currently 4.49% Remortgage Transfer
Service included
Offset 3.09% 3.2% APR 75% Booking Fee: £199 None
Flexx for Term Arrangement Fee: £300
Valuation up to £670
included
Remortgage Transfer
Service included

For more information mortgage introducers should telephone the central intermediary support team on 0845 757 3612 (available Monday to Friday, 9.00am to 5.00pm) or log onto www.coventryintermediaries.co.uk.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Contact Information

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