Coventry for intermediaries reduces buy-to-let rates
Rates have reduced by up to 0.11% across standard and limited company products.
Coventry for intermediaries has cut selected rates across buy-to-let and limited company products, with new deals launching today.
Highlights include a five-year fixed rate buy-to-let purchase product, down to 4.98% at 75% LTV with no fee.
In addition, a limited company five-year fix at 75% LTV has reduced to 5.29% with no fee.
Coventry says the reductions are part of wider changes across all its residential, buy-to-let and limited company ranges.
Jonathon Stinton, head of intermediary relationships at Coventry Building Society, said: “In a competitive market, these reductions will help give brokers and their buy-to-let clients greater choice.
"And because we’re applying reductions to some of our limited company products, there are better options available to professional landlords too.”
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