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BTL investors sent to Coventry BS

BTL investors sent to Coventry BS

Category: Buy To Let

Updated: 27/10/2011
First Published: 10/01/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Coventry Building Society has launched two new five year buy-to-let fixed rate mortgages certain to create a stir.

The 50% loan-to-value (LTV) version shares top spot for the lowest rate available for this term at 4.99%, while the 65% LTV deal is well-priced at 5.39%.

Both deals carry a low £250 flat fee and have the usual benefit package of free valuation (maximum £700) and for the remortgage applicant, free legal fees.

The changes are also reflected in the buy-to-let deals offered by Godiva Mortgages and have been rewarded four out of five Moneyfacts stars.

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