Coventry Building Society cuts mortgage rates by up to 0.3%

Coventry Building Society has reduced rates on selected products across its Residential and Buy to Let range.

Available from Tuesday 24th April, highlights include;

Residential Mortgages

3.18% (reduced from 3.48%), 2 Year Fixed Rate until 30.06.14, 65% LTV, £199 booking fee with £800 arrangement fee.

3.89% (reduced from 3.99%), 5 Year Fixed Rate until 30.06.17, 65% LTV, £199 booking fee with £800 arrangement fee.

Buy to Let Mortgages

3.99% (reduced from 4.25%), 2 Year Fixed Rate until 31.05.14, 65% LTV, £250 booking fee with £1,249 arrangement fee.

Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: "Our new lower priced range offers real value for money. With a great range of Residential fixed rate deals starting from as low as 3.18%, borrowers can have the peace of mind of a fixed monthly repayment whilst enjoying a highly competitive low rate.

Buy to let investors will not miss out either, as we have dropped our 2 year fixed rate of 4.25% down to 3.99%. With a range of savings to be made on reduced fees, low rates and a valuation up to £700 included, we are confident that there is something for everyone at the Coventry".