MortgagesSep 16 2014

Coventry launches BTL range starting a 2.99%

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Coventry Building Society has launched a new buy-to-let mortgage range with two-year fixed rate and Flexx for Term options.

Available from today (16 September) the deals include a 3.19 per cent fixed rate until the end of October 2016, with 75 per cent loan-to-value, £250 booking fee, £1,749 arrangement fee, and early repayment charges payable to 31 October 2016.

There is also a 3.49 per cent fixed rate, with 75 per cent LTV, £250 booking fee, £749 arrangement fee ERCs payable to the end of October 2016.

Finally, the lender is also offering a 2.99 per cent Flexx for Term, with a variable rate, 75 per cent LTV, £250 booking fee, £1,749 arrangement fee and no ERCs.

Colin Franklin, deputy chief executive at the Coventry Building Society, said: “We have competitive two-year fixed rate mortgages with a range of fees, and for those looking for the flexibility of unlimited overpayments and no ERCs, our Flexx for Term range is ideal.”