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.
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.
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.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.