It has two new fixed rates to 30 June 2012: 4.99% with a £199 booking fee and a £800 arrangement fee; and 5.25% with no fees. Both need a 35% deposit. It then has a 5.25% rate fixed to 30 June 2014 with no fees but a 65% LTV and a 6.50% rate fixed for the same period but with an 85% LTV and £499 charges.
Borrowers could choose the same deals but on an offset basis. Also, the Coventry has a 6.75% loan with a £199 booking fee and a 25% deposit, fixed until 30 June 2014.
For more information mortgage introducers should telephone the central intermediary support team on 0845 757 3612 or log onto www.coventryintermediaries.co.uk
