Coventry Intermediaries launches residential and B2L deals
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Coventry Intermediaries has launched a new range of residential and buy-to-let mortgages including fixed, flexx, trackers and capped products with no Early Repayment Charges.
Highlights for the residential range include:
- 2.75% flexx BBR tracker, BBR +2.25%, capped at 3.75% until 31.12.14, 65% LTV – no ERC’s
- 2.99% flexx BBR tracker, BBR +2.49%, capped at 3.99% until 31.12.14, 75% LTV – no ERC’s
- 3.75% flexx BBR tracker, BBR +3.25%, capped at 4.75% until 31.12.2014, 80% LTV – no ERC’s
For its buy-to-let range:
- 3.99% flexx BBR tracker, BBR +3.49, capped at 4.99% until 31.12.14, 65% LTV – no ERC’s
- 4.35% flexx BBR tracker, BBR +3.85, capped at 5.35% until 31.12.14, 65% LTV – no ERC’s
- 3.99% flexx fixed until 31.12.13, 65% LTV – No ERC’s
Colin Franklin, managing director, Godiva Mortgages, says: “Every borrower wants to take advantage of the current low base rate – our new capped trackers with no ERC’s are perfect. If the base rate goes down, so does the rate, if the base rate stays flat, so does the rate and if the base rate increases, the cap gives borrowers the peace of mind of a maximum rate.
“And with no ERC’s and unlimited over payments, borrowers have the ultimate flexibility. So whether it’s for a remortgage, house purchase, or a buy to let investment, this new range is ideal for everyone.”
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