Coventry boosts bad credit mortgages
Coventry Building Society has improved its range of bad credit mortgages.
From today (October 6th, 2006) Coventry is refreshing its range of credit impaired mortgages to include fixed-rate mortgages available both with and without early repayment charges.
"The launch of the new fixed-rate products reinforces the fresh approach we have taken to credit impaired lending, by offering products without any early repayment charges," said Colin Franklin, head of sales at Coventry.
"Since our launch into this specialised market we have recognised the need to offer a wider choice of products for borrowers. The introduction of these new fixed-rates will give borrowers repayment stability against any increase in interest rates."
Coventry has fixed rate deals from 5.85 per cent and tracker mortgages available at 5.90 per cent in its impaired credit range.
Customers can apply by calling by visiting www.thecoventry.co.uk or by calling 0845 7665522.
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