Buy To Let Date:
A rate reduction of 0.10% has seen the already competitive five-year fixed mortgage from Coventry Building Society hurtle towards the top of the best buy tables.
A rate of 3.99% is offered until 30.4.18 to investors with deposits of 35% and over.
A fee of £1,999 is payable, £250 of which must be paid upfront.
Incentives of free valuation fees are offered to purchase borrowers, whilst those looking to remortgage are offered free legal fees.
This mortgage also offers repayments flexibility, allowing borrowers to overpay up to 10% of the outstanding balance per year.
Investors with large deposits should find this revamped deal appealing, due to its low rate and generous incentives. It is worth noting that the rate cut also applies to the same deal offered under the Godiva Mortgages brand.
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