Mortgages

The Coventry cuts buy-to-let rates by 0.30%

Rozi Jones
|
10th November 2017
Coventry
"Our buy-to-let products are also application fee free and include a valuation of up to £700."

Coventry for Intermediaries has reduced rates on its two, three and five year fixed-rate buy-to-let mortgages between 50-60% LTV by 0.30%.

Two-year fixed rates now start from 1.69% and five-year fixes are available at 2.39%, both with a £1,999 product fee.

The Coventry has also reduced residential five-year fixed rates at 90% LTV by 0.16%.

Kevin Purvey, Director of Intermediaries, said: “We’re delighted to make reductions on our buy-to-let mortgages, with a range of options for brokers looking for competitive products at 50-65% LTV for their clients. Our buy-to-let products are also application fee free and include a valuation of up to £700.

“Plus, for brokers’ residential clients with a smaller deposit, we’ve reduced rates on our five-year fixed 90% LTV products by up to 0.16%. We also offer £500 cashback on fixed residential completions for first-time buyers and home movers and our Remortgage Transfer Service for remortgages.”

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