Coventry for Intermediaries cuts BTL rates

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Coventry for Intermediaries has cut rates across its range of buy-to-let fixed rate mortgages.

New deals include the following:

  •   2.99% (reduced from 3.29%) five-year fixed to 31.01.22, 75% LTV, ERCs payable to 31.01.22 and £1,999 arrangement fee
  •   3.39% (reduced from 3.69%) five-year fixed to 31.01.22, 75% LTV, ERCs payable to 31.01.22 and £999 arrangement fee
  •   3.69% (reduced from 3.99%) five-year fixed to 31.01.22, 75% LTV, ERCs payable to 31.01.22 and no arrangement fee

Kevin Purvey, director of intermediaries, said: “We’re happy to announce that we’ve reduced mortgage rates across our range of buy-to-let Fixed rate mortgages. With continuing uncertainty in the market, our rate reductions mean that brokers can offer their clients the stability of a fixed monthly repayment at a highly competitive rate.

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

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