Coventry Building Society cuts buy to let mortgage rates

Coventry Building Society has reduced rates and fees on selected products across its Buy to Let range.

Available from Wednesday 9th May, highlights include;

Buy to Let Mortgages

4.30% (reduced from 4.49%), 2 Year Fixed Rate until 31.07.14, 65% LTV, £250 booking fee with no arrangement fee.

3.99%, 2 Year Fixed Rate until 31.07.14, 65% LTV, £250 booking fee with £749 arrangement fee (reduced from £1,249).

4.49% (reduced from 4.75%), Flexx for Term, 65% LTV, £250 booking fee with no arrangement fee and no ERCs.

It has also launched a number of new products for Residential and Offset borrowers.

Colin Franklin, Managing Director, Coventry Building Society, said: "Hot on the heels of our recent Residential rate cuts, we have now reduced our prices even further. We have lowered our rates and arrangement fees on selected 2 year fixed and Flexx for term BTL mortgages, making our new range even better. So investors no longer have to choose between a low rate and a small upfront fee - they can have both".

For more information, visit thecoventry.co.uk.