Coventry cuts offset rates

29 July 2008

Coventry Building Society is reducing the rates on its offset range by up to 0.30%. The new products include a 6.39% Flexx for Term with no early repayment charges, 3 and 5 year fixed rates of 6.45% and a 10 year fixed rate of 6.19%.

Colin Franklin, Head of Sales at the Coventry said: "Products that are ERC free are very rare in the current market and our Flexx for term product, with a competitive rate of 6.39%, offset functionality, free valuation and legal fees for remortgages, is sure to be popular!"

The Society has also made changes to its buy to let range.

For more information, visit thecoventry.co.uk