Coventry Building Society has reduced rates and increased LTVs on its range of residential and buy-to-let fixed rate mortgages.
A new two year fixed rate residential mortgage at 3.87% is available at 65% LTV with a free valuation and free remortgage transfer service. A two year fixed rate buy-to-let mortgage is also on offer at 5.20% with £1250 of fees and a free valuation. This is available at 65% Loan to Value, up from 60%. The society has also introduced a five year fixed Residential option at 75% LTV. Colin Franklin, head of sales and marketing at Coventry, 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 ...
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