Capped tracker at 2.5% available at Coventry BS

Coventry Building Society is launching a three-year capped tracker deal at 2.5% above base rate today.

The tracker deal will start at 3% and is capped at 4.99% with a 60% LTV and is launching along with a two-year tracker at 1.99% and 75% LTV and a string of fixed and Flexx for Term rates.

They include a two Flexx for Term deals at 3.1% and 65% LTV and 3.35% with 75% LTV.

While two two-year fixed rate deals at 3.15% with 60% LTV and 3.4% with 70% LTV are also now available.

Colin Franklin, sales and marketing director at the Coventry, says: “Many people are looking to protect themselves against future interest rate rises. Our fantastic new capped base rate tracker offers protection for the next three years, with a great low starting rate of 3%”

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