Coventry for intermediaries – the broker facing arm of Coventry Building Society – has reduced all of its limited company buy-to-let rates by up to 0.19 percentage points.
The cuts are on both remortgage and purchases applications and include two- and five-year fixed rates.
Highlights of the new range include;
· A two-year fixed rate at 5.81%, up to 75% LTV with no product fee – available for purchase
· A five-year fixed rate at 5.1%, up to 75% LTV with £3,999 product fee – available for remortgage.
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Jonathan Stinton, head of intermediary relationships, at Coventry Building Society, said: “We’re seeing more and more landlords turning to limited companies to manage their portfolios. Our latest rate reductions are designed to give them more choice and value in a market that’s still evolving.”
