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Coventry launches new fixed rates from 4.20%

24th June 2010 Print

Coventry has launched a new range of fixed rate mortgage products which includes a reduced rate of 4.20% for three years previously offered at 4.25%. These low rates are available for a range of LTV's with competitively priced arrangement fees.

The product details are:

4.20% fixed until 30.06.13
Available up to 70% loan to value
Legal package for remortgagors included
One valuation up to £650 included
Available for purchase and remortgage

The Society are also launching further fixed rates including:

4.99% 2 Year Fixed Rate (30.06.12), loan to value 85%
4.99% 5 Year Fixed Rate (30.06.15), loan to value 70%
5.20% 10 Year Fixed Rate (30.06.20), loan to value 70%

Colin Franklin, Sales and Marketing Director at the Coventry, said: "For anyone looking to purchase or remortgage with protection against future interest rate rises, our fixed rate mortgages are perfect. Available in a variety of LTV's, we are confident that borrowers will find a mortgage within our new fixed range to meet their needs."