Coventry for Intermediaries has cut rates across its two, three and five-year fixed buy-to-let mortgage ranges by up to 0.20 percentage points.
New buy-to-let deals include the following:
- 1.75% (reduced from 1.95%) two-year fixed until 31/07/20, 75% LTV, ERCs payable until 31/07/20 and a £1,999 product fee
- 2.65% (reduced from 2.79%) five-year fixed until 31/01/24, 75% LTV, ERCs payable until 31/01/24 and a £1,999 product fee
Kevin Purvey, director of intermediaries at the Coventry Building Society, said: “We’re delighted to reduce rates across our buy-to-let two, three and five-year fixed ranges which feature competitive rates, LTVs from 50-75% and a standard valuation included up to £700.
“These products also include our Remortgage Transfer Service for landlords looking to move to a competitive fixed rate – something that’s definitely worth considering in this current climate of uncertainty.”