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Coventry to increase residential and BTL mortgage rates

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  • 14/06/2023
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Coventry to increase residential and BTL mortgage rates
Coventry Building Society is upping the rates in its residential and buy-to-let rate ranges, including new business, porting, further advances and product transfers, at 8pm on 15 June.

In a broker update, it confirmed products would be removed by 8pm on 15 June, with new products to be made available at 8am on 16 June.

The changes include increasing all residential fixed rates, including offset, interest-only and offset interest-only deals. This excludes green further advance rates.

The lender added that it would remove all residential tracker rates.

On the buy-to-let side, which includes new business, porting, further advances and products trackers, Coventry Building Society said that all buy-to-let and portfolio buy-to-let fixed rates will rise, excluding green further advance rates.

The lender added that all buy-to-let and portfolio buy-to-let tracker rates would be removed.

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