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Coventry for Intermediaries launches 1.84% five-year fix


Coventry for Intermediaries has launched its lowest ever five-year fixed rate at 1.84 per cent.

The residential loan is available at 50 per cent LTV. It has a £999 product fee.

The lender has also introduced a five-year fix at 3.05 per cent at 90 per cent LTV with no product fee.

Coventry for Intermediaries director of intermediaries Kevin Purvey says: “We are delighted to be launching our lowest ever five-year fixed rate at just 1.84 per cent, up to 50 per cent LTV.

“And for clients with a lower deposit, we have a best buy rate of 3.05 per cent, available up to 90 per cent LTV for  five years.

“With no product fee, this is ideal for brokers looking to keep their clients’ initial costs low.”



Coventry Building society increases B2L maximum age to 85

Coventry Building Society is set to increase its maximum age at end of term on buy-to-let lending by ten years, from 75 to 85. The maximum age for applicants will be 75. Coventry Building Society director of intermediaries Kevin Purvey says the mortgage market has to adapt to the changing needs of borrowers. “With more […]


Coventry ends family mortgage over stamp duty pressure

Coventry Building Society has closed its Step Up family mortgage to new business due to parents and guardians being hit by stamp duty hikes aimed at landlords. The Step Up mortgage was designed to bolster first-time buyers’ income with that of their parents or grandparents as part of Coventry’s income assessment. The Step Up loan […]

Coventry launches seven-year fixed range

Coventry for Intermediaries has launched a range of seven-year fixed residential mortgages. The range is available from today. Rates start from 1.99 per cent for a seven-year fix at 50 per cent LTV with a £999 arrangement fee. The new products also include a 2.55 per cent product at 85 per cent LTV, also with […]

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Childcare - thumbnail

Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.


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