Coventry Building Society has refreshed its buy to let mortgage range by reducing rates and fees on a number of selected products.
The organisation is now offering a two-year fixed-rate deal until July 31st at 4.30 per cent, down on the previous arrangement of 4.49 per cent.
This boasts a loan-to-value (LTV) at 65 per cent with a £250 booking charge and no arrangement fee.
Its other updates include a 3.99 per cent, two-year fixed-rate until the end of July with a booking price of £250, 65 per cent LTV and an arrangement fee reduced from £1,249 to £749, as well as a flexx for term deal dropped from 4.75 per cent to 4.49 per cent with the same LTV and booking cost but no extra arrangement payments.
Colin Franklin, managing director at Coventry, noted the reductions follow its recent residential rate cuts, adding the arrangement fees and rates deductions will serve to make the collection even more attractive.
Mr Franklin stated: “Investors no longer have to choose between a low rate and a small upfront fee – they can have both.”
