Coventry cuts its residential remortgage rates

Coventry Building Society is reducing rates on its range of Residential Remortgage products and launching a unique fixed rate deal, offering unlimited overpayments without penalty.

The new range includes:

A 2 year fixed rate Residential mortgage at a very competitive 4.99%, £199 fees, available up to 85% Loan to Value.

A unique 2 year fixed rate Residential mortgage at 3.99%, £999 fees, available up to 65% Loan to Value, offering unlimited overpayments without penalty.

An impressive 3.50% 2 year fixed rate Residential mortgage, £999 fees, available up to 65% Loan to Value.

All of the Society's Residential range include one valuation up to £650, as well as a legal package for remortgagors.

Colin Franklin, Sales and Marketing Director at the Coventry and Managing Director of Godiva Mortgages, said: "Our new range offers real value to borrowers looking to remortgage for a better deal.  Brokers can be confident that by recommending a Coventry or Godiva product, they are putting their customers in safe hands."