Coventry Building Society launches BTL capped tracker
Coventry Building Society is launching a unique Buy to Let capped tracker.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Colin Franklin, Sales and Marketing Director, Coventry Building Society, said:
"Our latest buy to let mortgage product is another great example of product innovation here at the Coventry, as there are no other capped tracker products on the market for BTL investors - this is simply unique.
"Tracking the BBR at +3.30% gives a highly competitive rate of 3.80% for two years. And, in addition to this great rate, BTL investors will also have the security of a cap, so if the base rate does increase within the 2 year period, their rate will not rise above 5.30%.
"In short - providing BTL investors with the best of both worlds".
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Budget
Budget: Government confirms details of 2.5% deposit first-time buyer scheme
State Pension
Budget: Government confirms state pension tax protection
FCA
FCA restricts six lenders over anti-money laundering concerns
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Budget
Budget: Government reduces Lifetime ISA withdrawal charges ahead of new FTB ISA launch
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
