Coventry Building Society has reduced rates and fees on selected products across its Buy to Let range.
Highlights include;
Buy to let mortgages
4.30 per cent (reduced from 4.49 per cent), 2 year fixed rate until 31.07.14, 65 per cent LTV, £250 booking fee with no arrangement fee.
3.99 per cent, 2 year fixed rate until 31.07.14, 65 per cent LTV, £250 booking fee with £749 arrangement fee (reduced from £1,249).
4.49 per cent (reduced from 4.75 per cent), Flexx for term, 65 per cent LTV, £250 booking fee with no arrangement fee and no ERCs.
It has also launched a number of new products for residential and offset borrowers.
Colin Franklin, managing director, Coventry Building Society, said: “Hot on the heels of our recent residential rate cuts, we have now reduced our prices even further. We have lowered our rates and arrangement fees on selected two year fixed and Flexx for term BTL mortgages, making our new range even better. So investors no longer have to choose between a low rate and a small upfront fee – they can have both”.
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