Coventry launches buy to let fixed rate deals with no ERCs

Coventry Intermediaries is launching a unique range of Buy to Let fixed rates starting from 3.99%, including 2, 3 and 5 year deals with no ERCs.

In addition, Coventry Intermediaries is also refreshing its Buy to Let capped deals - with current payment rates starting from 3.79% - allowing clients to take advantage of the current low Bank Base Rate, while providing reassurance to those concerned about potential rate rises in the future.

Colin Franklin, Managing Director, Godiva Mortgages, said: "In today's uncertain market many investors are looking for the security of a fixed rate but with flexibility to overpay or switch products later on without paying ERCs - our new Flexx Fixed range is perfect".

"There are no other fixed rate Buy to Let products without ERCs available in today's market so we are confident that our new range which offers ultimate flexibility will be very popular. And for investors looking for low initial costs, our capped rate with no arrangement fees is ideal. With all deals including one basic valuation and a legal package for remortgagors, there is something for everyone at the Coventry".