Coventry BS slashes mortgage rates | Product News - Moneyfacts

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Coventry BS slashes mortgage rates

Coventry BS slashes mortgage rates

Category: Mortgages
Date: 07/10/2013

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 Building Society has reduced rates across its mortgage range.

The basics…

The most notable change is to the building society's variable rate for term mortgage product which now offers a chart-topping rate of 2.15%.

Borrowers will need at least a 35% deposit in order to be eligible for this product.

The finer details…

The mortgage comes with a £999 fee.

The generous incentive package includes free valuation fees for all borrowers (up to a maximum of £670) and free legal fees for those remortgaging.

This product also allows borrowers to take payment holidays.

Why we like it…

Coventry BS has slashed the rate on its variable for term mortgage, resulting in this product moving to the top of the Moneyfacts Best Buy charts.

Four Moneyfacts Stars have been awarded.

What Next?

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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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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