Coventry Intermediaries has continued its rate cuts, this time focusing on its buy-to-let range.
Last week the organisation cut rates on its first-time-buyer products.
It has now launched a 2-year Flexx fixed rate mortgage at 3.05 per cent, reduced from 3.15 per cent, on a 65 per cent loan-to-value (LTV) with a £250 booking fee 3 per cent arrangement fee.
It also has a Flexx for-term rate of 4.39 per cent, down from 4.49 per cent on a 65 per cent LTV, with £250 booking fee and no arrangement fee and 5-year fixed mortgages 4.35 and 4.45 per cent, both down 10 percentage points, with £1,800 and £1,249 arrangement fees respectively.
Godiva mortgages managing director Colin Franklin said: “Our highly competitive BTL range just got even better. Hot on the heels of last week’s rate cuts we have slashed our prices even further.
“Not only have we reduced rates by up to 0.30 per cent, we have also launched a market leading 2-year Flexx Fixed at 3.05 per cent – ideal for BTL investors looking for the security of a fixed rate with the flexibility of no ERC’s.
“And don’t forget, all products include a valuation up to £700 and access to our remortgage transfer service. Now is the time to remortgage with the Coventry”.
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