View more on these topics

Coventry BS launches “Flexx” product range

Coventry Building Society has today launched a new range of Flexx mortgage products, which allow unlimited over payments with no early repayment charges.

The range includes two Flexx capped deals, one of which is capped at 3.99 per cent for two years, with an initial pay rate of 2.99 per cent for a loan-to-value of 65 per cent. The second capped product is priced at 4.49 per cent for two years, with an initial pay rate of 3.49 per cent and an LTV of 75 per cent.

The society is also launching a further fixed a Flexx for Term rates, including a 2.89 per cent Flexx for term with an LTV of 65 per cent, a 3.15 per cent Flexx for term at a 75 per cent LTV and a 3.99 per cent three-year fixed-rate with an LTV of 70 per cent.

Marketing and product manager Ed Sadler says: “Many people are looking to protect themselves against potential interest rate rises whilst benefiting from our historically low rates, and our new Flexx Capped products are perfect. Not only do they give peace of mind that payments will not exceed the capped rate, they also provide flexibility as borrowers are able to make unlimited over payments with no ERC’s ”.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com