Coventry unveils 50% LTV buy-to-let range

Ryan Bembridge

March 31, 2017

kevin-purvey

Coventry for intermediaries has launched a 50% loan-to-value buy-to-let range – with rates starting from 1.49% for a 2-year fix.

Other products are a 2.59% 5-year fix and a 1.59% Flexx for Term (no early repayment charge), with products coming with a £1,999 product fee.

Kevin Purvey (pictured), director of intermediaries, said: “We’re very pleased to launch a new range of buy-to-let mortgages at 50% LTV.

“As well as competitive rates, the range means that brokers can offer their buy-to-let clients the stability of a fixed rate for two, five or 10 years, or the flexibility of our Flexx for Term products with unlimited overpayments and further borrowing at the same rate.

“Also, all of our products are application fee free and include a valuation of up to £700 for buy-to-let mortgages.”

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