Coventry launches new buy-to-let range for properties with A-C EPC rating
The initiative supports landlords who are purchasing or remortgaging properties that meet higher energy efficiency standards.
Coventry for intermediaries has introduced a new range of products designed to reward landlords who invest in energy-efficient properties.
Available for both buy-to-let and limited company buy-to-let landlords, the products offer lower rates for properties with an EPC rating of A, B or C.
Coventry will verify a property's rating using the official government EPC register and for new-build purchases, landlords will need to provide a Predicted Energy Assessment (PEA).
The products are available for both purchase and remortgage applications.
As part of this update, Coventry for intermediaries has also made a slight reduction to buy-to-let rates for existing customers.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “Landlords are increasingly looking for ways to future-proof their portfolios, and energy efficiency is a big part of that. By offering lower rates on properties with an EPC rating of A to C, we’re acknowledging sustainable choices that benefit both the environment and their bottom line.
“Our buy-to-let range is already well established and trusted by brokers, and these new EPC-linked products build on that strength. We’re committed to giving landlords more options that not only support their financial goals but also promote better living conditions for tenants.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
Inflation
Inflation could return to target by end of 2027, economist predicts