The new fixed rate products are:
Residential
• 3.59% 3 year fixed rate (31.12.2013) loan to value 65%
• 3.79% 3 year fixed rate (31.12.2013) loan to value 75%
Buy to let
• 4.49% 3 year fixed rate (31.12.2013) loan to value 50%
The lender is also launching the following new Flexx product:
• 3.99% Flexx for term, loan to value 50%
Colin Franklin, sales and marketing director, Coventry Building Society, said: “These best buy products are ideal for borrowers looking to remortgage with low upfront fees. Our fantastic 3 year fixed rates offer peace of mind for borrowers in these unpredictable times. With competitive rates and no arrangement fees, we expect these to be very popular so brokers need to act now to avoid missing out.”