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Coventry BS launches BTL and residential deals

by: Mortgage Solutions
  • 05/01/2011
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Coventry BS launches BTL and residential deals
Coventry Building Society and Godiva Mortgages have launched a range of residential and buy-to-let mortgages.

The new portfolio includes base rate trackers and capped rate mortgages.

Colin Franklin, sales and marketing director of Coventry BS, said: “The base rate is expected to rise but no one knows when and by how much.

“That is why we’re offering a choice of options – including highly competitive base rate trackers and capped rate trackers,” he said.

The group has also refreshed its fixed flexx for term residential mortgages, and included low fee and no arrangement fee options in its portfolio.

Franklin added that a similar approach has been taken to its buy-to-let range.

Some of the products launched include a two-year mortgage at 1.79% available up to 65% loan-to-value (LTV), also, paying at 2.99% and capped at 3.99%, it is offering a three-year mortgage at 2.49% up to 75% LTV.

In its buy-to-let range, it is currently offering a two-year mortgage at 3.75% available up to 65% LTV.

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