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TODAY'S OTHER NEWS

Coventry BS cuts buy-to-let rates

Coventry Building Society has reduced rates across its buy-to-let range by up to 0.30%.

The rate will apply to mortgages at 65% to 75% LTV, with competitive rates starting from 2.69%.

The range offers the stability of a fixed rate with two and five-year fixed buy-to-let mortgages.

Coventry's Flexx for Term products allow further borrowing at the same rate and payment holiday options, subject to eligibility.

Distribution director Darin Landon said: “Our competitive buy-to-let range is now even better, as we have reduced rates across our two and five-year fixed products.

“Starting at just 2.69% at 65% LTV with a number of arrangement fee options, our reduced rates are ideal for buy-to-let borrowers looking for the stability of a fixed rate.”

Landon added: “As always all of our products are booking fee free and our buy-to-let products include a valuation up to £700, so this is the ideal time to secure a great deal.”

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