Coventry reduces limited company buy-to-let rates
The lender has reduced two and five-year fixed rates by up to 0.20%.
Coventry for intermediaries has reduced rates across its limited company buy-to-let range by up to 20 basis points.
Highlights include a five-year fixed rate at 75% LTV, down to 5.61% with no fee.
In addition, a two-year fix at 75% LLTV has reduced to 6.06%, also with no fee.
The latest reductions follow cuts to Coventry's first-time buyer and buy-to-let rates earlier this month.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “Limited company buy-to-let continues to be a key area of demand for brokers, so we’re pleased to be able to offer more competitive options across the range.
"These new rates will help brokers support their landlord clients with greater flexibility and confidence.”
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
