Coventry Building Society offers competitive mortgage rates

Coventry Building Society has launched a range of competitive home loan deals for those shopping around for the best mortgage rates.

New mortgages on offer with the financial firm include a two-year fixed home loan that charges a rate of 4.15 per cent on LTVs up to 80 per cent.

Customers can also get three and five-year fixed deals on LTVs up to 80 per cent with competitive mortgage rates below five per cent.

However, for those looking for a more flexible option Coventry Building Society also offers Flexx for Term loans for 50 per cent and 75 per cent LTV.

"Whether borrowers are looking for Fixed, regular, repayments or looking for flexibility with our Flexx for Term with no ERC's - we are confident that borrowers will be able to find the right mortgage for them at the Coventry," said Colin Franklin, sales and marketing director at the firm.

The Council of Mortgage Lenders recently announced that home loan lending increased slightly in February, following a slow January.

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2011-04-08 13:11:27 © Moneyextra.com