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.”
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