Coventry for Intermediaries has launched a new range of buy-to-let mortgages at 50% LTV.

Deals include the following:

• 1.49% two-year fixed until 30/04/19, 50% LTV, ERCs payable to 30/04/19 with a £1,999 product fee
• 2.59% five-year fixed until 31/10/22, 50% LTV, ERCs payable to 31/10/22 with a £1,999 product fee
• 1.59% Flexx for Term, 50% LTV, no ERCs with a £1,999 product fee

Kevin Purvey, 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.”