Building society cuts mortgage rates
Filed Under (Mortgages) by admin on 28-11-2009
The Coventry Building Society has cut their mortgage rates and launched a new pledge loan range. The new mortgage loans include fixed-rate mortgages, tracker mortgages and flexx products. The range includes a variety of Loan to Value levels and arrangement fees .
The mortgages are available either directly or via intermediaries . Most of the products are available at 70 per cent loan to value, by one highlight the two year fixed-rate mortgages at 3.5% only available at 50 per cent LTV.
The sales and marketing director at the Coventry, Colin Franklin, was reported as saying: “We continue to have a strong appetite for growing our mortgage business and expect this new range be excessively well received by intermediaries and customers alike. With our unique intermediary pledges, including a promise of no dual-pricing, we have developed this new range to boost business opportunities for brokers .”
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