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.”