Coventry for Intermediaries reduces BTL two-year fixed rates by 0.2%

Coventry for Intermediaries has cut rates on its two-year fixed buy-to-let range by 0.2%, with rates now starting from 1.49%.

New two-year fixed rate deals include a 50% loan-to-value (LTV) deal at 1.49% and a 75% LTV deal at 2.05%.

Both products have early repayment charges payable until 30/04/20 and a £1,999 product fee.

Kevin Purvey, director of intermediaries, commented: “We’re very happy to reduce rates across our buy-to-let two year fixed range from 50% – 75% LTV. With competitive rates, a range of LTVs and a variety of fee options, this range is ideal for brokers’ clients looking to lock in a competitive rate for the short term.

“Plus, all of our products are application fee free and include a valuation of up to £700 for buy-to-let mortgages.”

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