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Coventry Building Society is launching a new mortgage product range with rates lowered by up to 0.66%.
The building society has launched fixed, tracker and Flexx products in its residential, offset and buy-to-let ranges, as well as offering a variety of different loan-to-value levels and arrangement fee options.
Headlining the changes is a two-year fixed-rate residential mortgage at 3.50% available at 50% LTV, with free valuation and free remortgage transfer service. Residential customers borrowing up to 70% LTV can take a two-year fixed rate of 3.65%.
It is also introducing a two-year tracker at 70% LTV, equivalent to Base Rate plus 2.09% which gives a current payment rate of 2.59%. A free valuation and free remortgage transfer service is also available on this product.
Colin Franklin, sales and marketing director at the Coventry and managing director of Godiva Mortgages, said: “These deals show the Coventry continuing to offer real value to customers and we expect this new range to be very well received.”
The January/February 2012 issue of Your Mortgage is on sale now. In it we feature expert predictions on what will happen to house prices, interest rates and the wider economy in 2012. We also explain the latest State help for first-time buyers, weigh up the relative merits of offset mortgages, and offer handy hints and tips on making sure you have the right home insurance in place. Plus we have all the regular features and our invaluable mortgage basics section. Get your copy now for the latest news, information and help
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 21 years.





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