Coventry updates mortgage portfolio

The new range will include a market leading fixed rate as well as a highly competitive cashback product.

The 4.39% fixed rate mortgage until 31 December 2008 offers a free valuation, a free remortgage transfer service and the option to repay 5% per year penalty free.

The new variable 5.54% Cashback product is guaranteed to be no more than the Society’s Standard Variable Rate until 31 December 2008. Customers will receive 7% cashback on completion. This product also offers a free valuation, a free remortgage transfer service and the option to repay 5% per year penalty free.

The new portfolio is available to first time buyers, house movers and remortgagors. Full details of all the Society’s mortgage products, including remortgage, self certification and buy to let are attached.

Customers wishing to apply can telephone the Customer Service Centre on 0845 7665522, visit any of the Coventry’s 50 branches or apply online at www.coventrybuildingsociety.co.uk or www.remortgages.co.uk