Coventry Building Society has cut rates across its buy-to-let mortgage range by up to 0.6 per cent.
Its five-year fixed rate product at 75 per cent loan to value (LTV) has been reduced from 2.55 per cent to 2.25 per cent. This is available for purchase, remortgage, product transfer and further advance.
The five-year fixed rate for portfolio landlords at the same lending tier has been reduced from 2.79 per cent to 2.35 per cent. This has a £1,999 fee and is available for purchase, remortgage, product transfer and further advance.
Jonathan Stinton (pictured), head of intermediary relationships at Coventry Building Society, said: “We’re delighted to make rate reductions across our buy-to-let mortgages. With a range of LTVs and products for portfolio landlords, our buy-to-let mortgages offer great options for brokers and their clients.
“These would be particularly well suited to landlords looking to add to their portfolios or to remortgage a current property.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS