Mortgage News

Coventry reduces fixed rates on standard buy-to-let products

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Coventry Intermediaries Announces Extended Range with 2 Year Fixed Rates Starting From 2.15% and Has Cut Rates on Selected Residential and Buy to Let Products By Published: Sept 19, 2013 5:30 a.m. ET

Kevin Purvey, director of intermediaries at the Coventry Building Society, said: "We’re delighted to reduce rates across our buy-to-let two, three and five-year fixed ranges which feature competitive rates, LTVs from 50-75% and a standard valuation included up to 700.

The lender, part of Yorkshire Building Society Group, is offering landlords with a 25 per cent deposit a five-year fixed rate mortgage. and free standard valuation for remortgaging. Chris Maggs,

 · With continued expectation or a rate rise, securing your rate will see you through at least some of it without a shock rise in mortgage repayments. To help you out, we’ve highlighted the best two, five and 10-year deals on the market. Why go for a fixed rate mortgage? Fixed-rate mortgages are very popular, and it’s easy to understand why.

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Those who normally pay for a standard. Coventry for Intermediaries launched a new residential range offering two and five-year flexx-fixed products and flexx trackers with a range of LTVs from 65.

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The Mortgage Works has cut rates and introduced a new 10-year fixed rate loan. The specialist buy-to-let arm of Nationwide Building Society will reduce rates for its two. All tracker products also.

All Buy to Let products are provided by Godiva Mortgages Limited.. Buy to Let Standard variable rate: 4.99% 65%. Any mortgages from the Godiva Mortgages product range do not give membership rights to Coventry Building Society.