Coventry launches new three year fixed rate mortgages
Coventry for Intermediaries has joined Nationwide and Principality Building Society by offering three-year fixed-rate mortgages.
In Coventry's mortgage product launch, the society said: "As we look to support the market, we’re providing brokers with more mortgage options, so today we’ve launched three-year fixed rates with no fee for residential clients at 75% and 85% loan-to-value. So your clients can be protected from interest rate rises for longer.
"We’ve also reduced selected residential rates by up to 0.41%, including higher rate loan-to-values and first-time buyers."
That’s not all – Coventry has also launched two-year tracker rates for residential and buy-to-let clients, and an option will also be available for portfolio landlords.
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