Jan 062012
 
tnBeverley Property Guide 005

 

The number of properties listed for sale in fell by 10% in December 2011 compared to November 2011.

Of the 625 listings registered with the UK’s leading property web site, for property sales within the postal code 571 were houses with flats making up the remaining 54.

The figures dod show an increase in properties listed for sale in Beverley on December 2010 when just 589 homes were listed for sale.

The cost of continues to rise in the Uk despite the squeeze. In figures released by for December 2011 the prices have increase by on average 1%.

Natiowide are predicting the prices to go sideways or down slightly in 2012 though other property pudits are predicting prices will go donw by upto 10% as continue to push for unrealistic prices.

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2.99% two year fixed rate targeted at the four in ten borrowers who own more than half of their home

is now offering its lowest ever headline 2 year fixed rate mortgage at 2.99% (up to 50% ) with a fee of £995.

For people with slightly less equity in their home the Society also offers a 2 year fixed rate mortgage at 3.09% (up to 60% LTV) with a fee of £1,195 which has featured in best buy tables since its launch 5 weeks ago.

Tom Girling, Product Manager for , at the Society said: “Our 2.99% two year fixed rate mortgage is a great product for the four in ten mortgage borrowers who own more than half of their home*. We urge people currently sitting on their lender’s standard variable rate to consider fixing their mortgage payments for a set period of time which will help to counter any movements in base rate over the coming months.”

“For those people not yet ready to fix their mortgage deal we also offer a highly competitive range of trackers including a 2 year tracker mortgage for people with a 15% at 3.79%. This product has a low fee of just £495 compared to other deals in the market which have fees of up to 3% which would cost the customer £4,500 on a £150,000 mortgage.”

The new mortgages all have free valuation and legal fees for remortgage customers and offset versions are also available.

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Coventry is today launching a new 3 year fixed rate at the competitive rate of 4.25%, reduced from 4.49%.

In addition to the new lower priced 3 Year Fixed Rate, Coventry has extended its range of popular residential products, including:

* 4.49% 3 Year Fixed Flexx Rate (30.06.13), loan to value 75% (available to remortgagors only)
* +2.19% 2 Year Base Rate Tracker (30.06.12), loan to value 65%
* +2.39% 2 Year Base Rate Tracker (30.06.12), loan to value 75%

Colin Franklin, Sales and Marketing Director at the Coventry, said:

“Many people are looking to remortgage from their current Standard Variable Rate onto a competitively priced rate, and are starting to look around given the potential for rising interest rates.

Anyone in this situation should definitely consider the Coventry – with a range of great value products and all the legal work involved in remortgaging included at no additional cost, they will surely save money.”

Details of all products available through are attached.

Customers wishing to apply for any of the Coventry’s should telephone the Customer Service Centre on 0845 7665522, log on at www.thecoventry.co.uk or visit any of the Society’s 48 branches.

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