3 year fixed rate mortgages offer a good balance between low interest rates and financial security – your repayments won’t change, even if the Bank of England increases the base rate. compare our.
Coventry BS reduces rates on 10-year fixed mortgages Five-year mortgage rates hit lowest level in 2019 as longer swaps slide The falls have come as swap rates for longer terms are now less than for two years, and perhaps signal that further falls in mortgage interest rates could come.
Coventry Building Society will write to you before this happens, suggesting a mortgage review. They might offer you a new fixed rate deal. If you don’t switch, you’ll lapse onto the lender’s Standard Variable Rate (SVR). This would mean that your rate is no longer fixed.
Arrange to switch up to 90 days before your current rate ends, or switch now if you’re already on our follow-on rate. No switching fee. We won’t charge you any legal or valuation fees, and there are no income or affordability assessments when you switch – but you may have to pay a product fee.
Coventry for intermediaries reduced rates on its 2, 3 and 5 year fixes. The reductions were by 0.3 per cent, at 50 per cent and 60 per cent loan to value (LTV). All buy to let products include a valuation of up to 700. Coventry also opted to reduce 90 per cent LTV 5 year fixes by up to 0.16 per cent.
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Coventry Building Society has launched a number of fixed and Flexx for Term deals at 65% loan-to-value. Residential products include a three-year fix at 3.99%, a five-year fix at 4.69% and a Flexx for Term deal at 2.79%, all at 65% LTV. Furthermore, new Godiva Mortgages buy-to-let products include a.
TMA Mortgage Club and Precise have launched a three-year buy-to-let fixed rate with one of the largest portfolio limits. key distribution partners with innovation and market-leading products.” The.
TMW adds new 10-year fix and reduces tracker rates. The Mortgage Works has launched a 10-year fixed rate buy-to-let product at 3.49 per cent. The new deal represents a drop of 0.50 per cent on the lender’s previous 10-year fix and is available at up to 75 per cent LTV. The product, from the specialist buy-to-let arm of Nationwide,