Both deals are available at 5.85% but the buyer’s parents or grandparents must have held a savings or mortgage account with the building society for three years.
Its other brand, Godiva Mortgages Ltd. is also launching a 2.75% Flexx For Term at 50% LTV and a 2.99% two year fixed rate at 50% LTV.
Colin Franklin, managing director of Godiva Mortgages, says “ We are delighted to offer these excellent rates as part of our exciting new product range. With competitively priced fees at £999, we are confident that our new range at Coventry Intermediaries has something for everyone.”
“We remain, as always, committed to our pledges including no dual pricing. Unlike other lenders all of our products are available through brokers or direct at the same price – we are exclusively whole of market.”