Coventry reduces 2-year fix to 1.29%

At the same time the society has reduced its 65% LTV buy-to-let mortgage from 1.99% to 1.79% with a £1,999 fee.

Coventry for intermediaries has reduced its 2-year fix to 1.29% to 50% loan-to-value with a £999 product fee – it’s lowest ever rate.

At the same time the society has reduced its 65% LTV buy-to-let mortgage from 1.99% to 1.79% with a £1,999 fee.

Kevin Purvey (pictured), director of Intermediaries, said: “With competitive rates, a range of LTV options and no application fee, our 2-year fixed products are ideal for clients looking for the security of fixed mortgage payments over a shorter term.

“In addition, all of our products include a valuation of up to £670 for residential and £700 for buy-to-let mortgages.”