Coventry reduces rates on fixed rate mortgages

Coventry has reduced their rates on two fixed rate mortgage deals. These include a reduced rate of 3.05% previously priced at 3.15% for 2 years and 3.99% reduced to 3.75% for 3 years.

These low rates are available with competitively priced arrangement fees at the following LTV's;

3.05% 2 Year Fixed Rate (30.09.12), loan to value 60%
3.75% 3 Year Fixed Rate (30.09.13), loan to value 70%

The product details include:

Legal package for remortgagors included
One valuation up to £650 included
Available for purchase and remortgage

Colin Franklin, Sales and Marketing Director at the Coventry, said: "We are delighted to be able to cut our rates on these fixed rate products. With many borrowers looking for stability, our reduced rates offer even better value. We expect these to be very popular so borrowers need to act now to avoid missing out".