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Coventry launches new offset mortgage and reduces BTL rates

by Stephen Little
January 20, 2017
Number of mortgage approvals rises again
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mortgageapprovalCoventry for intermediaries has launched a new offset mortgage and reduced rates on selected buy-to-let products.

The offset mortgage is available at 1.59% Flexx for Term at 50% LTV with a £999 product fee.

The buy-to-let mortgage has an interest rate of 1.99% Flexx for Term at 65% LTV with a £1,999 product fee.

Kevin Purvey, director of intermediaries, said: “Our Offset products are available from 50% to 85% LTV. With competitive rates starting from 1.49%, this range is ideal for clients who like the idea of using their savings to reduce their monthly repayments or overall mortgage term”.

“We’ve also made our buy-to-let portfolio even more attractive, with rate reductions on selected two and five-year Fixed and Flexx for Term products. These mortgages offer a variety of LTV and fee options to suit a wide range of clients.”

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Tags: Coventry for intermediarieslandlordmortgage
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