Coventry Intermediaries has cuts rates on its range of two and five-year buy-to-let fixed rates available at 65% LTV.

New deals include:

• 3.19%, reduced from 3.29%, two-year fixed rate until 30.04.15, 65% LTV £250 booking fee with £1749 arrangement fee and early repayment charges of 3% of balance until 30.04.15
• 3.39%, reduced from 3.49%, two-year fixed rate until 30.04.15, 65% LTV £250 booking fee with £999 arrangement fee and ERCs of 3% of balance until 30.04.15
• 3.99%, reduced from 4.09%, five-year fixed rate until 30.04.18, 65% LTV £250 booking fee with £1,749 arrangement fee and ERCs of 3% of balance until 30.04.18
• 4.19%, reduced from 4.29%, five-year fixed rate until 30.04.18, 65% LTV £250 booking fee with £999 arrangement fee and ERCs of 3% of balance until 30.04.18

Colin Franklin, managing director, Godiva Mortgages, said: “Our highly competitive range of two and five-year fixed rate buy-to-let mortgages have just got even better, as we have cut rates by 0.10% [sic].

“So borrowers looking for the security of a fixed rate for five years can now do so at the highly competitive, low rate of just 3.99%. We offer a choice of fee structures and don’t forget, all products include a valuation up to £700 for buy-to-let and access to our remortgage transfer service.”