Coventry for intermediaries has reduced all limited company buy-to-let rates by up to 19bps, with products available for remortgage and purchases cases.
A two-year fixed rate purchase product has reduced to 5.81% at 75% LTV with no product fee, while a five-year remortgage product is down to 5.10% at 75% LTV with a £3,999 fee.
Applications can be submitted via MSO, helping brokers save time and allowing them to track and amend cases easily.
Coventry launched its first range specifically for limited company landlords earlier this year.
This week, it announced ONP Solicitors as the sole legal services provider in England and Wales for its fees assisted limited company buy-to-let remortgage proposition.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We’re seeing more and more landlords turning to limited companies to manage their portfolios. Our latest rate reductions are designed to give them more choice and value in a market that’s still evolving.
“This is a key area for us, and we’re proud to back brokers with competitive products and practical tools like our new Brokers’ Guide to Limited Company Buy to Let, which is available now on our intermediary website.”
