‘Outstanding’ mortgage from Coventry BS | Product News - Moneyfacts

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‘Outstanding’ mortgage from Coventry BS

‘Outstanding’ mortgage from Coventry BS

Category: Mortgages
Date: 03/08/2015

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 It is now over 6 months old so the content may be out of date.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 amended selected variable rates on its lower-tier mortgages, but despite a slight increase, its 65% loan-to-value (LTV) deal remains a Best Buy and earns an outstanding rating in the process.

The basics…

Now priced at 1.89% for term, this mortgage still boasts the lowest rate in its sector and retains its position at the top of the Moneyfacts charts.

The finer details…

This deal comes with a fee of £999 and is available to house purchase and remortgage customers with a deposit of 35%. It also comes with a generous incentive package of free valuation (max £670) and free legal fees for remortgagors, as well as the added flexibility of allowing overpayments and payment holidays provided certain conditions are met.

Why we like it…

The combination of a highly competitive rate, great incentives and added flexibility means this deal comfortably retains its market-leading status, being an outstanding product that fully deserves the highest accolade.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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