The new products include a 3 year fixed rate at 5.99% and a 10 year fixed rate at 6.09% with 5 years’ early repayment charges, both available at 75% loan to value, with free valuation and free remortgage transfer service. In addition, new buy-to-let products have also been added to its range.
Colin Franklin, head of sales at the Coventry and managing director of Godiva Mortgages said: "Recently there has been reductions in swap prices and at the Coventry we are very keen to pass these reductions on, we have done this in the form of even more competitively priced products for intermediaries and customers."