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Coventry BS launches 3.99% five-year fixed up to 65% LTV

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Coventry Building Society has launched a new range of five-year products including a fixed rate at 3.99 per cent.

The range is available from tomorrow and includes fixed rate, tracker, offset and buy-to-let options.

The 3.99 per cent five-year fixed rate is available up to 65 per cent loan-to-value and for a £199 booking fee and £800 arrangement fee. The building society is also offering a 4.19 per cent fixed rate up to 65 per cent LTV for a £199 and no arrangement fee.

The tracker loans include a base rate plus 3 per cent deal, which is available for a £199 booking fee and £800 arrangement fee and a tracker at base plus 3.5 per cent which is available for a £99 booking fee.

One of the offset mortgages available is a 4.35 per cent deal available up to 65 per cent LTV. It has no arrangement fee.

Its buy-to-let product is available for 4.49 per cent up to 65 per cent LTV, with a £250 booking fee.

There are also a number of other product options, with LTVs ranging from 65 per cent to 85 per cent.

CBS sales and marketing director Colin Franklin says: “With a range of fee options and LTVs up to 85 per cent, our new range has something for everyone.

“So whether borrowers are looking for a great rate on a buy-to-let, a base rate tracker or a fixed rate with no arrangement fee, we are confident that they will find what they are looking for at the Coventry.”

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