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TODAY'S OTHER NEWS

Coventry unveils new five-year fixes

Coventry for intermediaries has launched new range of five-year fixed-rate residential mortgages.

The deals are available from 65% to 90% LTV, with rates starting from 2.39%.

Highlights include a five-year fixed-rate charging 2.39% to 65% LTV until 30 June 2021.

There are early redemption charges (ERCs) throughout the term, and a £999 arrangement fee applies.

Alternatively, Coventry offers a five-year fixed to 75% LTV charging 2.49%, with the same ERCs and £999 arrangement fee.

Darin Landon, distribution director, said: “With highly competitive rates as well as a variety of LTVs and fee options, our new range is ideal for broker clients looking for the stability of fixed mortgage payments.

“As always, all of our residential products are booking fee free and include a valuation of up to £670”.

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