Coventry Building Society has launched a new range of competitively priced mortgages, which includes two Flexx Capped deals which allow unlimited over payments with no early repayment charges.
The mortgage provider is offering a Flexx Capped at 3.99 per cent for two years, with an initial pay rate of 2.99 per cent and a loan-to-value (LTV) of 65 per cent.
In addition, the society has launched a Flexx Capped at 4.49 per cent for two years, with an initial pay rate 3.49 per cent and a LTV of 75 per cent.
Ed Sadler, marketing product manager at Coventry Building Society, commented: "Many people are looking to protect themselves against potential interest rate rises whilst benefiting from our historically low rates and our new Flexx Capped products are perfect."
Meanwhile, Yorkshire Building Society recently reduced the rate on its five-year fixed-rate mortgage to just 3.99 per cent for those consumers with a 25 per cent deposit .
