Mortgages  

Launch Pad: Mortgages

Launch Pad: Mortgages

Coventry for Intermediaries has cut rates across its buy-to-let mortgage range at 65-75 per cent LTV, with rates starting from 2.69 per cent.

Darin Landon, distribution director for Coventry for Intermediaries, said: “Our buy-to-let range is now even better, as we have reduced rates across our two and five-year fixed products.

“Starting at just 2.69 per cent for 65 per cent LTV with a number of arrangement fee options, our reduced rates are ideal for buy-to-let clients looking for the stability of a fixed rate.”

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Key Features:

■ Rates start from 2.69%.

■ Reduced rates for two and five-year fixed products.

■ Several arrangements for fee options.

■ The Flexx for Term range allows for flexibility and unlimited overpayments, with reduced rates.

IFA Verdict:

Dale Jannels, managing director for London-based All Types of Mortgages, said: “The five-year fixed 75 per cent LTV is a good product from a great lender, with a £1,999 fee. It offers free valuation and free legals on remortgages.

“However, its BTL market is incredibly competitive in the two-year fixed arena, as there are deals out there offering the same benefits, but with a slightly lower rate.”