New fixed mortgage from Coventry BS is a contender - Mortgages - News - Moneyfacts


New fixed mortgage from Coventry BS is a contender

New fixed mortgage from Coventry BS is a contender

Category: Mortgages

Updated: 18/03/2011
First Published: 18/03/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Coventry BS has launched a new two year fixed rate mortgage in the 65% loan-to-value tier.

The new fixed rate for second time buyers and remortgagors offers a rate of 4.75% to 31 April 2013, a maximum LTV of 65%, and a fee of £1249.

All products have incentives of free valuation (maximum £700) and free legal fees for remortgagors.

Although two year deals start at 3.39%, these include large percentage fees and the new Coventry offering compares favourably with similar flat fee options.

The mortgage is also available at Godiva Mortgages.

Four out of five Moneyfacts stars have been awarded.

Find the best mortgage rate - Compare best selling mortgages

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Does your mortgage lender owe you money?

Earlier this week, the financial watchdog revealed that hundreds of thousands of mortgage holders could have been overcharged by their lender. Are you one of the many who could be in line for a windfall?

Do you think your home will rise in value?

There’s been a lot of talk recently about the rate of house price growth slowing, but is it affecting your personal expectations? According to research, it could be, with fewer people now expecting the value of their property to increase.

Confidence among “second steppers” is on the rise

We all know how difficult it can be taking that first step on the ladder, but what about the second step? In many cases, getting onto the next rung can be just as challenging, but happily, confidence among this cohort appears to be on the rise.