New 2-year tracker bond launched by Coventry

Annual car insurance premiums dropped by 3.2 per cent in the first quarter of the year, according to the AA.

Coventry BS launches buy to let capped tracker

Coventry Building Society has released a capped tracker mortgage for buy to let investors, available up to 65 per cent LTV.
Coventry BS launch new mortgage range

The Coventry Building Society has announced new rates for a range of mortgage products including fixed-rate products, trackers, offset mortgages and buy-to-let mortgages.

Coventry Building Society has unveiled a new Bank of England base rate tracker bond.

The product is guaranteed to pay at least 3.2 per cent AER/Gross per annum until September 30th 2012.

It is an innovative offer that offers the best of both worlds and ensures savers do not miss out, the organisation claimed.

The rate will track at +2.2 per cent above the base rate and there is no cap on the insurance rate.

Colin Franklin, sales and marketing director at Coventry, noted it has been a tough time for savers.

He added those hoping to commit to a bond "will not want to miss out on the potential of rising rates".

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