MortgagesAug 8 2014

Coventry updates buy-to-let range

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Coventry Intermediaries has updated its buy-to-let range, with the ‘Flexx for Term’ product now starting at 2.55 per cent.

The 2.55 per cent Flexx for Term product has a variable rate, 65 per cent loan-to-value, a £250 booking fee, £1,749 arrangement fee and no early repayment charges.

The 2.75 per cent Flexx fixed until the end of October 2016 has a 65 per cent LTV, a £250 booking fee, £1,749 arrangement fee and no ERCs.

Colin Franklin, managing director of Coventry’s Godiva Mortgages business, said: “These new products underline the strength of Coventry Intermediaries buy to let range.

“The 2.75 per cent Flexx Fixed product is one of several new additions that combine the certainty of an initial fixed rate with the flexibility of no ERCs at a very competitive price.

“Added to which, all buy-to-let products include a valuation up to £700 and access to our remortgage transfer service.”