Coventry Intermediaries cuts rates by up to 0.3%

Coventry Intermediaries has reduced rates on selected products across its residential and buy-to-let range.

On its residential range it is now offering a 3.18% two-year fixed rate, reduced from 3.48%, up to 65% LTV, with a £199 booking fee and £800 arrangement fee.

It is also offering a 3.89% five-year fixed rate, reduced from 3.99%, up to 65% LTV, with a £199 booking fee and £800 arrangement fee.

For buy-to-let mortgages it is offering a 3.99% two-year fixed rate, reduced from 4.25%, up to 65% LTV, with a £250 booking fee and £1,249 arrangement fee.

Colin Franklin, managing director of Godiva Mortgages, says: “Our new lower priced range offers real value for money. With a great range of Residential fixed rate deals starting from as low as 3.18%, borrowers can have the peace of mind of a fixed monthly repayment whilst enjoying a highly competitive low rate.”