Coventry allows unlimited repayments on 3.99% mortgage

Coventry Building Society has announced plans to reduce the rates on its residential re-mortgage products.

The new lower rates include a 2-year fixed-rate deal at 3.5% with £999 fees at 65% loan to value.

The lender also revealed a new fixed-rate mortgage offering borrowers the opportunity to make unlimited overpayments without penalty.

The new range of unlimited repayment re-mortgage products includes a two-year deal fixed at 3.99% with £999 fees, available at up to 65% loan to value.

“Our new range offers real value to borrowers looking to re-mortgage for a better deal,” said Colin Franklin, Coventry Building Society spokesperson.

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