Coventry launches fix with unlimited overpayments
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Coventry Building Society has launched a fixed rate deal that allows borrowers to make as many overpayments as they like without incurring a penalty.
The product is a two-year fixed rate deal at 3.99% available up to a 65% LTV with a £999 fee
Coventry has also cut rates on other two-year fixed rate products.
It has a 4.99% deal with a £199 fee available up to 85% LTV, and a 3.50% deal with a £999 fee at up to 65% LTV.
Each product comes one valuation up to £650, and free legal fees for remortgage customers.
Readers' comments (2)
Anonymous | 4 Mar 2010 4:38 pm
Fantastic deals as long as you, your parents or grandparents have held an account with them for 3 years. Dual pricing gone mad.!!!!!
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Clive Jeffries | 5 Mar 2010 9:00 am
What on earth are you talking about, ('Anonymous' at 4.38pm)? Coventry is one of the few lenders that doesn't dual-price.
If, by mentioning the 3 year account rule, you're referring to their Members FTB mortgage (a completely different product to the one in the article, which doesn't even have this rule), then you should know that this product is fully available to intermediaries too.
Perhaps you need to read things a little more closely.
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