Coventry for intermediaries has announced that it has reduced rates across its limited company buy-to-let mortgage range by up to 0.18%. The reductions affect both two- and five-year fixed-rate products available to landlords operating through special purpose vehicles (SPVs).
Among the updated products is a five-year fixed rate at 4.96%, available at 75% LTV with no product fee for remortgage cases. The two-year fixed-rate purchase option has also been cut to 4.57% at 75% LTV, with a £3,999 product fee.
These changes follow Coventry’s recent launch of a new range designed to reward landlords investing in more energy-efficient properties.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “We know brokers are working hard to support landlords, so we’re pleased to be cutting rates across our limited company buy-to-let range to give them even more competitive options.
“Our latest reductions mean brokers can offer their clients greater choice, whether they’re looking to remortgage or purchase through a limited company. And with our recently launched EPC-linked products rewarding energy-efficient properties, we’re continuing to back landlords who want to future-proof their portfolios.”
