Coventry launches market-leading tracker mortgage rate
Coventry Building Society has launched a market-leading term-tracker mortgage rate at 2% and it is available to borrowers with a 35% deposit. This mortgage has a £999 arrangement fee and the maximum loan size is £1 million.
Many of the banks and building societies do not offer term-tracker mortgages and Coventry's new rate is particularly attractive. It doesn't have any early repayment charges, so borrowers can repay the mortgage early without paying a large fee.
If you are looking to secure a longer term fixed rate, Trinity Financial has access to Virgin Money's exclusive four-year fix at 2.79%. Borrowers will need a 30% deposit to access this mortgage and it has a £995 arrangement fee. It is available for both purchase and remortgage customers and it also has a maximum loan size of £1 million.
For help to secure a best buy mortgage, call us on 020 7016 0790.
November 4, 2013
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