New mortgage ranges unveiled by Coventry

Tue, 27 Mar 2012

Coventry Building Society has unveiled a new range of offset and .

The collection is being promoted as an ideal choice for borrowers requiring a bigger loan, as the products come with flat fees.

Colin Franklin, sales and marketing director at Coventry, noted the deals could prove beneficial for people looking for larger who do not wish to pay a percentage cost.

The industry figure stated: "The fees attached to are often perceived as something to avoid, but in some cases you can save money on your mortgage by paying a flat fee."

By doing so, individuals may also find they able to enjoy a lower interest rate in return.

Included in the new range are offset flexx for term deals at 3.49 per cent and 3.69 per cent, which come with 1,800 and 1,300 arrangement fees respectively, as well as a 199 booking fee and no early repayment charges.

The buy to let mortgage range features 3.75 per cent, 3.99 per cent and 4.25 per cent until March 31st 2014, with 250 booking costs and 2,249, 1,749 and 999 arrangement fees respectively.

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