The Coventry cuts limited company buy-to-let rates for brokers

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Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20 basis points (bps).

The lender said the changes apply to both two-year and five-year fixed rate products for landlords buying through a company structure, giving brokers a wider range of options for this part of the market.

Among the updated products is a five-year fixed rate at 5.61% to 30 September 2031 at 75% loan-to-value with no fee, available for limited company buy-to-let purchase.

A two-year fixed rate at 6.06% to 30 September 2028 at 75% loan-to-value with no fee is also available for limited company buy-to-let purchase.

Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “Limited company buy-to-let continues to be a key area of demand for brokers, so we’re pleased to be able to offer more competitive options across the range.

“These new rates will help brokers support their landlord clients with greater flexibility and confidence.”

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