Coventry Intermediaries has launched a new range of residential and buy-to-let products with rate cuts of up to 0.5% on selected products for new applications.
The new range, which is now available, includes a market-leading base rate tracker for five years charging 1.49%.
And it includes a new Flexx for Term deal at 2% with no early redemption charges (ERCs).
Highlights include:
Residential mortgages.
Base rate tracker charging 1.99% (1.49% over base rate) until 31 December 2018 to 65% LTV. The deal includes a £199 booking fee, £800 arrangement fee and ERCs to 31 December 2018.
Flexx for Term charging a variable rate of 2% to 65% LTV, with a £199 booking fee, £800 arrangement fee and no ERCs.
Fixed rate until 31 December 2015 at 3.25%, reduced from 3.55%, to 85% LTV with a £199 booking fee, no arrangement fee and ERCs to 31 December 2015.
Buy-to-let mortgages.
Fixed rate to 31 October 2015 at 2.79%, reduced from 3.29%, available to 65% LTV. The deal has a £250 booking fee, £1,749 arrangement fee and ERCs to 31 October 2015.
Fixed rate to 31 October 2016 at 3.49% to 65% LTV, with a £250 booking fee, £1,749 arrangement fee and ERCs to 31 October 2016.
Fixed rate to 31 October 2018 at 3.89% to 65% LTV, with a £250 booking fee, £1,749 arrangement fee and ERCs to 31 October 2018.
Colin Franklin, managing director at Godiva Mortgages, said: ”Not only have we cut rates by up to 0.50% on selected products for new applications, we have also launched some highly-competitive fixed rate options starting from 3.49% for 3 years. As always, all products include a valuation up to £670 and access to our remortgage transfer service.”
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