Coventry for intermediaries reduces rates
Coventry for intermediaries has reduced rates its buy-to-let owner occupier mortgages by up to 0.10%
There’s two 5-year fixed rate buy-to-let mortgages cut by the 0.1% and both come with a £999 product fee. At 50% LTV one was reduced from 2.55% to 2.45% and at 65% LTV the other rate was cut from 2.65% to 2.55%.
Kevin Purvey, director of intermediaries, said: “Our five and 10-year fixed owner-occupier and 5-year fixed buy-to-let mortgage ranges are now even more competitive, with some products offering market-leading rates.
“These products are a great option for borrowers looking for the stability and certainty of fixed mortgage payments, with a variety of LTVs and fee options for a range of brokers’ clients.”
Two owner occupier 5-year fixed rates both at 75% LTV were cut by 0.1%. One has no product fee and is 2.25%, which was previously 2.35% while the other has a £999 product fee and was reduced from 2.15% to £2.05%.