Coventry BS reduces BTL mortgage rates | Product News - Moneyfacts

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Coventry BS reduces BTL mortgage rates

Coventry BS reduces BTL mortgage rates

Category: Buy To Let
Date: 07/08/2014

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 It is now over 6 months old so the content may be out of date.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 reduced selected buy-to-let (BTL) mortgage rates, with its new two-year fixed rate of 2.65% becoming a Moneyfacts best buy.

The basics…

Available up to 65% loan-to-value (LTV), this low rate is fixed to 31.10.16.

The finer details…

The mortgage comes with a fee of £1,999, however, its generous incentive package of free valuation (£700) and free legal fees for remortgage customers should add to the appeal.

It's available to second-time buyers and remortgage customers, and comes with the flexibility of allowing overpayments and payment holidays.

Why we like it…

Equalling the lowest rate on the market for its term, this mortgage is a top deal for the landlord with the right deposit.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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