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Coventry to launch new fixed rate products from 2.29%

Coventry Intermediaries is to offer a new range of two and five-year fixed rate mortgages starting at 2.29 per cent.

Available from tomorrow, the range includes a 65 per cent LTV two-year fix at 2.29 per cent, while a five-year option is priced at 3.45 per cent.

A 75 per cent LTV, two-year fix is offered at 2.59 per cent.

The new products all carry a £199 booking fee, and a free valuation up to £670.

Godiva Mortgages managing director Colin Franklin says: “Our new products offer borrowers a range of fee options, so they can have a good fixed rate and a fee structure that suits them.”



The Mortgage Mole: Racing Cert

Racing cert Mole is always one for a bit of variety and the cheeky glint that resides in his eye usually shines brightest when he gets to poke fun at the occasional mortgage mishap.  But with another week gone by, we have another week’s worth of charitable efforts from you do-gooders in the mortgage industry […]


Paymentshield appoints new marketing head

Insurance provider Paymentshield has appointed Lee Mooney to the role of product, marketing and proposition director. Mooney joins from The Co-operative Group, where he was commercial director for the general insurance division. Prior to the Co-op, he worked at Tesco Personal Finance, Royal Sun Alliance and More Than. Paymentshield chief executive Gary Duggan says: “Lee […]

How to cut mortgage fraud risk

Recent figures from Financial Fraud Action UK revealed a financial scam was committed, on average, every 15 seconds during the first six months of 2016, says Roy Armitage, head of credit at Lendinvest. That represents a 53 per cent rise year-on-year, with these scams coming in all shapes and sizes. Furthermore, a staggering 56 per cent of […]


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