Coventry Building Society Launches New Range Including a Market Leading Base Rate Tracker for 5 Years +1.49%

ID: 1278220
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(businesspress24) - LONDON, UNITED KINGDOM -- (Marketwired) -- 10/31/13 -- This news release is for the use of journalists only.

Coventry launches new residential and BTL products with rate cuts of up to 0.50% on selected products for new applications. The range includes a market leading Flexx for Term at 2.00% with no ERC's. Available from Wednesday 30th October, highlights include;


Buy to Let

Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: We have got some fantastic new deals. For borrowers looking for a low rate, our market leading, 5 year, Base Rate Tracker at +1.49% is ideal. And for those looking for a low rate with the ultimate flexibility of unlimited overpayments and no ERC's, our Flexx for Term at just 2.00% is perfect. We also have a great new range for investors. Not only have we cut rates by up to 0.50% on selected products for new applications, we have also launched some highly competitive fixed rate options starting from 3.49% for 3 years. And, as always, all products include a valuation up to GBP 670 and access to our transfer service."

Residential ERCs:

2 year fixed product ERCs: 3% until 31.12.14 then 1% until 31.12.15

5 year fixed product ERCs: 5% until 31.12.15, 3% until 31.12.17 then 1% until 31.12.18

Buy to Let ERC's

2 year fixed product ERCs: 3% until 31.10.14 then 1% until 31.10.15

3 year fixed product ERCs: 3% until 31.10.15 then 1% until 31.10.16

5 year fixed product ERCs: 5% until 31.10.15, 3% until 31.10.17 then 1% until 31.10.18

Customers wishing to apply for any of the Coventry's should telephone the Customer Service Centre on 0845 7665522, log on at or visit any of the Coventry 's 70 branches.

Our Customer Service Centre is open seven days a week, and our advisors are available Monday to Friday 8am-8pm, Saturday 9am-5pm and Sunday 10am-4pm. Our 24 hour self-service telephone option is also available 24 hours a day, 365 days a year. Your home may be repossessed if you do not keep up repayments on your mortgage.


Press Office
0870 607 7727

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building-society, buy-to-let, remortgage, mortgages, coventrybuildingsociety-co-uk,

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Date: 10/31/2013 - 11:05
Language: English
News-ID 1278220
Character count: 0
Firma: Coventry Building Society
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