Coventry Building Society has reduced its five-year fixed rate mortgage by 0.30%, earning it a five-star review and a place among the best buys.
This mortgage now has a rate of 3.29%, fixed until 31.12.19, at a loan-to-value (LTV) of 80%. A low fee of just £199 is payable.
First-time buyers, second-time buyers and remortgagors are all welcome to apply for this mortgage, provided they have a 20% deposit.
All borrowers can benefit from an incentive package of free valuation (up to £670) while remortgagors can also profit from free legal fees.
Repayments can be flexible with overpayments of up to 10% of the outstanding balance permitted.
This deal from Coventry BS is very competitive and offers one of the lowest rates available in its sector. The very low fee and great incentive package are added bonuses and will appeal to those who are looking to keep their set-up costs down.
The highest accolade of five Moneyfacts Stars has been awarded.
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