Coventry for Intermediaries has cut mortgage rates across its five-year fixed residential 90% loan to value (LTV) range by up to 0.16 percentage points.
New deals include:
- 2.69% (reduced from 2.85%) five-year fixed until 31/12/22, 90% LTV, ERCs payable to 31/12/22 with a £999 product fee
- 3.05% (reduced from 3.19%) five-year fixed until 31/12/22, 90% LTV, ERCs payable to 31/12/22 and no fee
- 3.05% (reduced from 3.19%) five-year Flex fixed until 31/12/22, 90% LTV, no ERCs with a £499 product fee
Kevin Purvey, director of intermediaries, said: “We’re excited to reduce rates across our 90% loan to value five-year fixed range. With rates starting from 2.69%, borrowers can take advantage of the certainty of a fixed mortgage payment for the long term.
“In addition, all of our products are application fee free and include a valuation of up to £670 for residential mortgages.
“We also offer £500 cashback on fixed residential completions for first time buyers and home movers and our Remortgage Transfer Service for remortgages.”