LONDON, UNITED KINGDOM — (Marketwired) — 09/19/13 — announces extended range of 2 and 5 year fixed rates and cut rates by up to 0.30% on selected products. Available from Thursday 19th September highlights include;
Residential
Colin Franklin, Managing Director, , said: “Our highly competitive range has just got even better. We have extended the term on all 2 and 5 year fixed rates by 3 months, so borrowers can enjoy the security of a great rate for even longer. Buy to Let investors aren-t missing out either, as we have cut rates on selected products including our popular Flexx for Term option which has been reduced from 3.79% down to 3.49%. And for investors looking for low up front fees, our new 4.15%, 2 year fixed rate, available up to 75% LTV with arrangement fees of just GBP 250 is ideal. And don-t forget, as always, all products include a valuation up to GBP 670 (GBP 700 on BTL products) and access to our transfer service.”
Full details of the new products are attached.
Residential ERCs:
2 year fixed product ERCs: 3% until 31.12.14 then 1% until 31.12.15
5 year fixed product ERCs: 5% until 31.12.15, 3% until 31.12.17 then 1% until 31.12.18
Buy to Let ERCs:
2 year fixed product ERCs: 3% until 31.10.14 then 1% until 31.10.15
5 year fixed product ECRs: 5% until 31.10.15, 3% until 31.10.17 then 1% until 31.10.18
For more information introducers should telephone the central intermediary support team on 0845 757 3612 (available Monday to Friday, 9.00am to 5.00pm) or log onto .
Your home may be repossessed if you do not keep up repayments on your mortgage.
For more information or additional comment please contact: the press office on 0870 607 7727 or email . We monitor and record phone calls.
Contacts:
Coventry Building Society
Press Office
0870 607 7727