Coventry BS launches a 50% LTV mortgage range.
Coventry for intermediaries has announced the launch of a new 50% LTV range that includes both residential and offset products.
Included in the residential 50% LTV range is a 5 year fix at 2.09% with a £999 arrangement fee. Early repayment fees on this deal apply until September 2021.
In addition, the lender has also launched a 50% LTV offset product fixed for 5 years at 2.19%. This product also comes with a £999 arrangement fee and the same early repayment charge.
With 50% equity/deposit you will have your pick of lenders offers, and should have access to the lowest rates of all. For this reason, don’t just settle for the first deal you see.
It always makes sense to search the market to find the most affordable product possible. Doing this means a like-for-like comparison of all products. However, this is easier said than done without help.
With dozens of lenders offering hundreds of products a varying rates, fees, incentives and terms it’s vital to get impartial and independent advice and a ‘whole of market’ search.
For no-obligation mortgage advice and a low rate quote,
call 0800 048 8828.
