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Coventry cuts offset rates

Coventry will reduce the rates on its offset range by up to 0.30%, this Thursday 31 July.

The new products include a 6.39% Flexx for Term with no early repayment charges, 3 and 5 year fixed rates of 6.45% and a 10 year fixed rate of 6.19%.

Colin Franklin, Head of Sales at the Coventry said:

"Products that are ERC free are very rare in the current market and our Flexx for term product, with a competitive rate of 6.39%, offset functionality, free valuation and legal fees for remortgages, is sure to be popular!"

The Society has also made changes to its buy to let range. Details of all Coventry and Godiva Mortgages products available through Coventry Intermediaries are attached.

For more information mortgage introducers should telephone the central intermediary support team on 0845 757 3612 or log onto www.coventryintermediaries.co.uk

Moneyextra.com recommends you take independent financial advice before acting on any article

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2008-07-29 00:00:00 © Moneyextra.com

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