The lender has reduced fixed and variable rates by up to 0.15%.
The lender has reduced fixed and variable rates by up to 0.15%.
The lender delivers rate reductions of up to 25bps and broadens HMO eligibility to support landlord affordability.
The products have no early repayment charges and a choice of 2% and 5% fee options.
The Society says the change reflects the growing demand from landlords to place their investment properties in a SPV.
The bank says the move aims to boost landlord affordability and rental supply.
Jonathan Stinton, head of intermediary relationships at Coventry for intermediaries, says the transition to EPC C and the wider EPB regime marks a major change for landlords, raising...
The new incentivised products come after the lender recently re-evaluated its buy-to-let lending criteria.
The buy-to-let lender's loan book has grown from roughly £1.5bn in 2018 to £4.5bn today.
Rates start at Bank of England Base Rate plus 1.60%.
A new generation of landlords is helping to drive this shift, opting for limited company ownership from the outset.
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