New buy-to-let deals from the Coventry

New buy-to-let deals from the Coventry

Coventry Building Society

Coventry Intermediaries is unveiling a new range of 75% LTV buy-to-let products on 13 July.

Five-year fixed rates include:

  • 5.60%, five-year fixed rate until 31.10.17, 75% LTV, £250 booking fee with £1499 arrangement fee.
  • 5.80%, five-year fixed rate until 31.10.17, 75% LTV, £250 booking fee with £749 arrangement fee.

Flexx fixed rates

  • 5.75%, Flexx fixed rate until 31.10.17, 75% LTV, £250 booking fee with £1499 arrangement fee, unlimited over payments with no ERCs.
  • 5.99%, Flexx fixed rate until 31.10.17, 75% LTV, £250 booking fee with £749 arrangement fee.

Flexx for Term

  • 5.49%, Flexx for Term, 75% LTV, £250 booking fee with £1499 arrangement fee and no ERCs.
  • 5.79%, Flexx for Term, 75% LTV, £250 booking fee with £749 arrangement fee and no ERCs.

“Our latest buy-to-let product range is another great example of product innovation here at Coventry Intermediaries,” said Colin Franklin, managing director, Godiva Mortgages.

“Our new range offers buy-to-let investors a choice of fixed rates for those looking for the security of set monthly payments and our Flexx for Term range with no ERCs offers ultimate flexibility. And for investors looking for the best of both worlds, our Flexx Fixed products are ideal.

“Offering the security of a fixed rate with no ERCs, these products are simply unique. Available up to 75% LTV and with a choice of fee structures, we expect our new range to be very popular. buy-to-let investors should act now as this highly competitive range won’t be available for long.”