Coventry to cut offset rates

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Coventry Building Society will cut rates on its range of offset mortgages by as much as 0.3% tomorrow.

The lender has also added two new buy-to-let products through its Godiva subsidiary. Among new offset rates are a 6.39% flexx mortgage for the entire term with no early repayment charges. Three-year and five-year fixed rates are available from 6.45%, while ten-year fixes are priced from 6.19%. New buy-to-let products include a three-year fixed rate of 6.69% and a £1749 arrangement fee, or a rate of 6.99% with a £749 fee. Both products are available up to 65% LTV. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: [email protected] IFAon...

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