Coventry for intermediaries cuts low LTV buy-to-let rates

Ryan Bembridge

November 10, 2017

Coventry for intermediaries has reduced 2, 3 and 5-year fixes by 0.30% at 50% and 60% loan-to-value.

Products now include a 2-year fix at 1.69% and a 5-year fix at 2.39%, both to 50% loan-to-value with a £1,999 product fee.

Kevin Purvey (pictured), director of intermediaries, said: “We’re delighted to make reductions on our buy-to-let mortgages, with a range of options for brokers looking for competitive products at 50-65% LTV for their clients. “

Its buy-to-let products include a valuation of up to £700.

The society has also reduced 90% LTV 5-year fixes by up to 0.16%, while it offers £500 cashback on fixed residential completions for first-time buyers and homemovers.

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