Coventry Building Society Launches New Range Including a 2.99% Fixed Rate for 4 Years
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Coventry Building Society Launches New Range Including a 2.99% Fixed Rate for 4 Years

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4 Pages
English

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Coventry Building Society Launches New Range Including a 2.99% Fixed Rate for 4 Years PR Newswire LONDON, November 30, 2012 LONDON, November 30, 2012 /PRNewswire/ -- Coventry Building Society's new range includes 2 year fixed rates from 2.59% with low arrangement fees and a 5 year Flexx Fixed rate at 3.99% available up to 85% loan to value (LTV). This competitive range also includes a legal and thvaluation package for remortgages. Available from Friday 30 November, highlights include; 2 Year Fixed Mortgage 2.59% 2 Year Fixed Rate until 31.12.14, 65% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until 31.12.14. 4 Year Fixed Mortgage 2.99% 4 Year Fixed Rate until 31.12.16, 65% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of the balance to 31.12.16 5 Year Flexx Fixed 3.99% 5 Year Flexx Fixed until 31.12.17, 85% LTV, £199 booking fee with £800 arrangement fee and no ERC's. The new range also includes a choice of highly competitive BTL products including, 2 year fixed rates from 3.29% and 2 year Flexx Fixed from 3.49%. Full details of the new range are attached. Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: "Many borrowers want the security of a competitive fixed rate without having to pay a large arrangement fee. Our 2 year fixed rate at 2.59% with an arrangement fee of just £300 is ideal. We also expect our 4 year fixed rate at just 2.

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Coventry Building Society Launches New Range Including a 2.99% Fixed Rate for 4 Years
PR Newswire LONDON, November 30, 2012
LONDON,November 30, 2012/PRNewswire/ --
Coventry Building Society's new range includes 2 year fixed rates from 2.59% with low arrangement fees and a 5 year Flexx Fixed rate at 3.99% available up to 85% loan to value (LTV). This competitive range also includes a legal th and valuation package forremortgages. Available from Friday 30 November, highlights include;
 2 Year Fixed Mortgage
2.59% 2 Year Fixed Rate until 31.12.14, 65% LTV £199 booking fee with £300 arrangement fee and ERCs of 3% of balance until31.12.14.
4 Year Fixed Mortgage
2.99% 4 Year Fixed Rate until 31.12.16, 65% LTV, £199 booking fee with £800 arrangement fee and ERCs of 3% of the balance to31.12.16
5 Year Flexx Fixed
3.99% 5 Year Flexx Fixed until 31.12.17, 85% LTV, £199 booking fee with £800 arrangement fee and no E RC's.
The new range also includes a choice of highly competitiveBTL productsincluding, 2 year fixed rates from 3.29% and 2 year Flexx Fixed from 3.49%. Full details of the new range are attached.
Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: "Many borrowers want the security of a competitive fixed rate without having to pay a large arrangement fee. Our 2 year fixed rate at 2.59% with an arrangement fee of just £300 is ideal. We also expect our 4 year fixed rate at just 2.99% to be very popular with borrowers looking to lock into a fantastic low rate for a longer period. And for those looking for more flexibility, we have launched a highly competitive Flexx for Term at 3.99% available up to 85% LTV with no early repayment charges (ERCs). And don't forget, all products include a valuation up to £670 (£700 for BTL) and access to our remortgage transfer service, so borrowers need to act now and make sure they don't miss out".
 The  overall  cost for  Current comparison Fees and  Coventry BS Rate is Max LTV incentives ERC  Residential  Booking Fee:  2.59% Fixed to GBP199  31.12.14  Arrangement Fee:  Followed by Standard GBP300  Variable rate to  31.12.17, currently Valuation up to  at 4.74%. Followed by GBP670 included 3% of  Privilege rate for the  the remainder of the Remortgage balance  mortgage, currently Transfer Service to  4.49% 2.59% 4.4% APR 65% included 31.12.14  Residential  3.85% Fixed to Booking Fee:  31.12.14 GBP199
 Followed by Standard Arrangement Fee:  Variable rate to GBP800  31.12.17, currently  at 4.74%. Followed by Valuation up to  Privilege rate for GBP670 included 3% of  the remainder of the the  mortgage, currently Remortgage balance  4.49% Transfer Service to  3.85% 4.7% APR 85% included 31.12.14  Residential  Booking Fee:  3.99% Fixed to GBP199  31.12.14  Arrangement Fee:  Followed by Standard None  Variable rate to  31.12.17, currently Valuation up to  at 4.74%. Followed by GBP670 included 3% of  Privilege rate for the  the remainder of the Remortgage balance  mortgage, currently Transfer Service to  4.49% 3.99% 4.6% APR 85% included 31.12.14  Residential  Booking Fee:  2.99% Fixed to GBP199  31.12.16  Arrangement Fee:  Followed by Standard GBP800  Variable rate to  31.12.17, currently Valuation up to  at 4.74%. Followed by GBP670 included 3% of  Privilege rate for the  the remainder of the Remortgage balance  mortgage, currently Transfer Service to  4.49% 2.99% 4.2% APR 65% included 31.12.16  Booking Fee:  GBP199  Arrangement Fee:  Residential GBP800  3.39% Flexx Fixed to Valuation up to  31.12.17 Followed by GBP670 included  Privilege rate for  the remainder of the Remortgage  mortgage, currently Transfer Service  4.49% 3.39% 4.2% APR 65% included None  Booking Fee:  GBP199  Arrangement Fee:  Residential GBP800  3.99% Flexx Fixed to Valuation up to  31.12.17 Followed by GBP670 included  Privilege rate for  the remainder of the Remortgage  mortgage, currently Transfer Service  4.49% 3.99% 4.5% APR 85% included None  Booking Fee:  GBP199  Arrangement Fee:  None  Valuation up to  GBP670 included  Residential Remortgage  Transfer Service  Flexx for Term 3.39% 3.5% APR 65% included None  Booking Fee:  GBP199  Arrangement Fee:  None  Valuation up to  GBP670 included  Residential Remortgage  Transfer Service  Flexx for Term 3.99% 4.1% APR 85% included None  Booking Fee:  GBP250  Buy to Let Arrangement Fee:
 GBP1,749  3.29% Fixed to  31.01.15 Valuation up to  GBP700 included 3% of  Followed by Standard the  Variable rate for the Remortgage balance  remainder of the Transfer Service to  mortgage at 4.74%. 3.29% 4.8% APR 65% included 31.01.15  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  GBP749  3.49% Fixed to  31.01.15 Valuation up to  GBP700 included 3% of  Followed by Standard the  Variable rate for the Remortgage balance  remainder of the Transfer Service to  mortgage at 4.74%. 3.49% 4.7% APR 65% included 31.01.15  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  None  3.99% Fixed to  31.01.15 Valuation up to  GBP700 included 3% of  Followed by Standard the  Variable rate for the Remortgage balance  remainder of the Transfer Service to  mortgage at 4.74%. 3.99% 4.8% APR 65% included 31.01.15  Booking Fee:  GBP250  Buy to Let  Arrangement Fee:  3.75% Fixed to GBP1,749  31.01.15  Valuation up to  Followed by Standard GBP700 included 3% of  Variable rate for the the  remainder of the Remortgage balance  mortgage at 4.74%. Transfer Service to  3.75% 4.8% APR 70% included 31.01.15  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  GBP1,749  3.85% Fixed to  31.01.15 Valuation up to  GBP700 included 3% of  Followed by Standard the  Variable rate for the Remortgage balance  remainder of the Transfer Service to  mortgage at 4.74%. 3.85% 4.9% APR 75% included 31.01.15  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  GBP1,749  3.49% Flexx Fixed to  31.01.15 Valuation up to  GBP700 included  Followed by Standard  Variable rate for the Remortgage  remainder of the Transfer Service  mortgage at 4.74%. 3.49% 4.8% APR 65% included None  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  GBP749  3.69% Flexx Fixed to  31.01.15 Valuation up to  GBP700 included  Followed by Standard  Variable rate for the Remortgage  remainder of the Transfer Service  mortgage at 4.74%. 3.69% 4.8% APR 65% included None  Booking Fee:  GBP250  Buy to Let Arrangement Fee:  None  4.19% Flexx Fixed to  31.01.15 Valuation up to
 GBP700 included  Followed by Standard  Variable rate for the Remortgage  remainder of the Transfer Service  mortgage at 4.74%. 4.19% 4.8% APR 65% included None  Booking Fee:  GBP250  Arrangement Fee:  Buy to Let GBP1,749  3.99% Flexx Fixed to Valuation up to  31.01.15 Followed by GBP700 included  Standard Variable  rate for the Remortgage  remainder of the Transfer Service  mortgage at 4.74%. 3.99% 4.9% APR 70% included None  Booking Fee:  GBP250  Arrangement Fee:  Buy to Let GBP1,749  4.49% Flexx Fixed to Valuation up to  31.01.15 Followed by GBP700 included  Standard Variable  rate for the Remortgage  remainder of the Transfer Service  mortgage at 4.74%. 4.49% 5.0% APR 75% included None  Booking Fee:  GBP250  Arrangement Fee:  GBP749  Valuation up to  GBP700 included  Buy to Let Remortgage  Transfer Service  Flexx for Term 3.99% 4.2% APR 65% included None  Booking Fee:  GBP250  Arr gement Fee: Customers wishing to applyforany of theCoventry'smortgagesshould telephone the Customer Service Centre on  GBP1,749 0845 7665522, log on atcoventrybuildingsociety.co.ukor visit any of the Coventry 's 70 branches.  Valuation up to OurCustomerServiceCentre is open seven days a week, and our advisors are available Monday to Friday8am- GBP700 included 8pm, Saturday9am-5pmand Sunday10am-4pm. Our 24 hour self-service telephone option is also available 24  Buy to Let Remortgage hours a day,365daysayear.  Transfer Service  Flexx for Term 4.35% 4.35% APR 75% included None Your home may be repossessed if you do not keep up repayments on your mortgage.
For more information or additional comment please contact the Press Office on +44(0)870-607-7727 or em ail media@thecoventry.co.uk