Buy To Let Date:
Coventry Building Society has reviewed its buy-to-let (BTL) mortgage range and reduced rates by up to 0.14%, with its variable rate for term product stealing the show.
Now priced at 3.05% for term (down from 3.19%), this mortgage is available up to 65% loan-to-value (LTV).
The finer details…
It comes with a competitive fee of £999 as well as an incentive package of free valuation (max £700) and, for remortgages, free legal fees, while offering the flexibility of overpayments and payment holidays.
It's also available through Godiva Mortgages.
Why we like it…
Already a Moneyfacts best buy, this latest reduction cements Coventry's position within the charts. This particular mortgage sits just behind the market leader (which, incidentally, comes from the same lender) for its term, offering a highly competitive choice for the landlord with the right deposit.
The highest accolade of five Moneyfacts Stars has been awarded.
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