Coventry for intermediaries has introduced a new range of products designed to offer lower rates for properties with an EPC rating of A, B or C.
Available for both BTL and limited company BTL landlords, the products aim to support landlords purchasing or remortgaging properties that meet higher energy efficiency standards.
The property must have a valid EPC rating of A, B or C, which Coventry for Intermediaries will verify using the official government EPC register.
For new-build purchases, landlords will need to provide a Predicted Energy Assessment (PEA).
These products are available for purchase and remortgage applications only.
As part of this update, Coventry has also made a slight reduction to BTL rates for existing customers.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society (pictured above), said: “Landlords are increasingly looking for ways to future-proof their portfolios, and energy efficiency is a big part of that.
“By offering lower rates on properties with an EPC rating of A to C, we’re acknowledging sustainable choices that benefit both the environment and their bottom line.
“Our BTL range is already well established and trusted by brokers, and these new EPC-linked products build on that strength.”
