BTL investors sent to Coventry BS - Buy To Let - News - Moneyfacts

News

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 It is now over 6 months old so the content may be out of date.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.

Find the best mortgage rate - Compare best selling mortgages


Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Number of parent landlords on the rise

The cost of renting is on the rise, but would it cheaper if you were renting from your own parents? Many children of property moguls will hope so, and with the number of parent landlords on the rise, it’s something more and more could benefit from.

Landlords: BTL mortgage rates are still falling!

The cut to base rate has had a welcome impact on mortgage rates, and it isn’t only residential borrowers who are benefiting: buy-to-let (BTL) investors are continuing to enjoy a fall in rates, particularly those looking for a longer-term deal.

Landlords – are you embarrassed about being one?

Becoming a landlord is often touted as a way to secure valuable income and build a nest egg for the future, yet once that dream has been realised, many property moguls are actually embarrassed to admit their vocation.
 
Close