Coventry launches two new mortgages

The Coventry building society has unveiled two new mortgages aimed at helping to cover all of the costs of setting up home. 

The deals form part of Coventry’s MOREgage range and boast both a three and a five-year fixed rate product at a rate of 5.89 per cent, and a loan-to-value (LTV) of 125 per cent. 

Other benefits from the MOREgage range include a free valuation and the opportunity to repay up to ten per cent of the mortgage per year without being penalised.