News Column

Coventry Intermediaries Extends Highly Competitive Range of Offset and Flexx for Term Mortgages

Apr 30 2013 12:00AM

Marketwire

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LONDON, UNITED KINGDOM -- (Marketwired) -- 04/30/13 -- This news release is for the use of journalists only.

Coventry Intermediaries has extended its highly competitive range of Offset and Flexx for Term options. The new products include a Flexx for Term deal at 80% LTV with a great rate of 3.25%. Available from Tuesday 30th April highlights include;

-- 2.45%, 2 Year Fixed Rate until 30.06.15 65% LTV GBP 199 booking fee with GBP 300 arrangement fee and ERCs of 3% of balance until 30.06.15.-- 3.69%, 5 Year Fixed Rate until 30.06.18, 80% LTV GBP 199 booking fee with GBP 300 arrangement fee and ERCs of 3% of balance until 30.06.18.-- 3.25%, Flexx for Term, 80% LTV GBP 199 booking fee with GBP 800 arrangement fee with no ERCs.-- 2.99%, Offset, 2 Year Fixed Rate until 30.06.15, 75% LTV GBP 199 booking fee with GBP 300 arrangement fee and ERCs of 3% of balance until 30.06.15.



Colin Franklin, Managing Director, Godiva Mortgages, said: "Our highly competitive range of Flexx for Term and Offset mortgages have just got even better. With additional products available up to 80% LTV, now even more borrowers can benefit from our great rates and flexibility. And as always, all products include a valuation up to GBP 670 and access to our remortgage transfer service."

Full details of the new products are attached.

---------------------------------------------------------------------------- The overall cost for Current comparison MaxCoventry BS Rate is LTV Fees and incentives ERC----------------------------------------------------------------------------Residential 2.45% 4.3% APR 65% Booking Fee: GBP 199 3% of the2.45% Fixed to Arrangement Fee: balance to30.06.15 GBP 300 30.06.15Followed by Valuation up toStandard Variable GBP 670 includedRate to 30.06.18, Remortgage Transfercurrently 4.74%. Service includedFollowed byPrivilege Rate forthe remainder ofthe mortgage,currently 4.49%----------------------------------------------------------------------------Residential 2.55% 4.3% APR 65% Booking Fee: GBP 199 3% of the2.55% Fixed to Arrangement Fee: balance to30.06.15 None 30.06.15Followed by Valuation up toStandard Variable GBP 670 includedRate to 30.06.18, Remortgage Transfercurrently 4.74%. Service includedFollowed byPrivilege Rate forthe remainder ofthe mortgage,currently 4.49%----------------------------------------------------------------------------Residential 3.19% 4.5% APR 80% Booking Fee: GBP 199 3% of the3.19% Fixed to Arrangement Fee: balance to30.06.15 GBP 300 30.06.15Followed by Valuation up toStandard Variable GBP 670 includedRate to 30.06.18, Remortgage Transfercurrently 4.74%. Service includedFollowed byPrivilege Rate forthe remainder ofthe mortgage,currently 4.49%----------------------------------------------------------------------------Residential 3.69% 4.3% APR 80% Booking Fee: GBP 199 3% of the3.69% Fixed to Arrangement Fee: balance to30.06.18 GBP 300 30.06.18Followed by Valuation up toPrivilege Rate for GBP 670 includedthe remainder of Remortgage Transferthe mortgage, Service includedcurrently 4.49%----------------------------------------------------------------------------Residential 3.25% 3.4 % APR 80% Booking Fee: GBP 199 NoneFlexx for Term Arrangement Fee: GBP 800 Valuation up to GBP 670 included Remortgage Transfer Service included----------------------------------------------------------------------------Offset 2.99% 4.4% APR 75% Booking Fee: GBP 199 3% of the2.99% Fixed to Arrangement Fee: balance to30.06.15 GBP 300 30.06.15Followed by Valuation up toStandard Variable GBP 670 includedRate to 30.06.18, Remortgage Transfercurrently 4.74%. Service includedFollowed byPrivilege Rate forthe remainder ofthe mortgage,currently 4.49%----------------------------------------------------------------------------Offset 3.49% 4.2% APR 75% Booking Fee: GBP 199 3% of the3.49% Fixed to Arrangement Fee: balance to30.06.18 GBP 300 30.06.18Followed by Valuation up toPrivilege Rate for GBP 670 includedthe remainder of Remortgage Transferthe mortgage, Service includedcurrently 4.49%----------------------------------------------------------------------------Offset 3.09% 3.2% APR 75% Booking Fee: GBP 199 NoneFlexx for Term Arrangement Fee: GBP 300 Valuation up to GBP 670 included Remortgage Transfer Service included----------------------------------------------------------------------------



For more information mortgage introducers should telephone the central intermediary support team on 0845 757 3612 (available Monday to Friday, 9.00am to 5.00pm) or log onto www.coventryintermediaries.co.uk.

Your home may be repossessed if you do not keep up repayments on your mortgage.



Contacts:
For more information or additional comment please contact:
Press office
0870 607 7727
media@thecoventry.co.uk
We monitor and record phone calls.





Source: Marketwire


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