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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.”


Insurancereview – April 2012

Welcome to Mortgage Strategy’s monthly protection column, Insurance Review, where I will be surveying the latest news and views from the world of insurance.

john malone

Threat to small firms by MMR is unfounded

The Mortgage Market Review will not inadvertently kill off smaller directly authorised firms, says John Malone, executive chairman of PMS. Last week Mortgage Strategy reported that a major lender was looking to pay proc fees based on brokers’ quality of business, not quantity. It is believed to be making the changes because of the forthcoming […]

Slough broker and accomplice jailed

Mortgage broker Tahir Malik and his accomplice Patrick Kamande have been jailed for a total of 12 and a half years after being found guilty of multiple mortgage frauds. Broker Malik was sentenced to six and a half years and Kamande six years at Reading Crown Court on April 13. Kamande’s wife Mary Kimani also […]


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