Coventry Building Society reduces mortgage rates

Coventry Building Society has reduced the interest rates on its residential mortgages and Buy to Let mortgages as well as increase the LTV amounts.

Launched today, Coventry have a

• 2 year fixed rate mortgage at 3.87% with up to 65% LTV, free valuation and free mortgage transfer service
• 2 year fixed rate Buy to Let mortgage at 5.2% with up to 65% Loan to Value, £1250 fees and a free valuation
• 5 year fixed rate mortgage with up to 75% LTV

Colin Franklin, Head of Sales and marketing at the Coventry and Managing Director of Godiva Mortgages, said ‘These new mortgages offer great value and peace of mind for those customers who may be worried about potential interest rate rises in future and are looking to remortgage now.’