Coventry for Intermediaries has reduced fixed rates across its standard buy-to-let and portfolio landlord mortgage ranges by up to 0.21 percentage points.
It has also reduced fixed rates across its standard two and three-year residential mortgages.
New deals include the following:
Buy-to-let
- 1.39% (was 1.59%) two-year fixed until 31/10/21, 50% LTV, ERCs payable until 31/10/21 and a £1999 product fee
- 1.69% (was 1.89%) two-year fixed until 31/10/21, 75% LTV, ERCs payable until 31/10/21 and a £1999 product fee
Matthew Carter, head of mortgages and savings, said: “These changes mean we can offer more competitive fixed rates on portfolio landlord and standard buy-to-let mortgages, which should be welcome news for those assessing their options in the lettings market.
“And it’s good news for owner-occupied borrowers who might be looking to remortgage before the end of October, as we’ve reduced fixed rates on our two and three-year mortgages to further strengthen the range of options we offer.”