Coventry for Intermediaries has made rate reductions on its two and five-year fixed rate products across both its 65% and 75% LTV standard buy-to-let range.
70% LTV products have been added and rates have also been reduced on its Portfolio Landlord products.
New deals include the following:
- 1.55% two-year fixed to 30/04/23 with ERCs until 30/04/23. 65% LTV, £1,999 product fee, RMTS included
- 1.89% five-year fixed to 31/07/26 with ERCs until 31/07/26. 65% LTV, £1,999 product fee, RMTS included
Jonathan Stinton, head of intermediary relationships at the Coventry, said: “Our buy-to-let range is now even more competitive. It’s great news for intermediaries and their landlord clients as we now have a wider choice of products available.
“There will be lots of buy-to-let opportunities for brokers in 2021 for both purchase and remortgage and we expect our range to be a popular choice. We know our high level of service is also valued by brokers and it will remain as strong as ever next year.
“Plus, as with all our buy-to-let mortgages, there’s no minimum income requirement and includes a standard valuation up to £700.”
