Coventry Building Society has cut selected rates across its BTL and limited company products.
These new rates are available with immediate effect, and are part of wider changes across all the building society’s owner occupier, BTL and limited company ranges.
The range now includes a limited company BTL mortgage, tied to EPC, available from 5.29% for five years at 75% LTV. This rate has been cut by 11bps.
Elsewhere, the range includes a five-year fixed rate BTL mortgage for purchases, available now from 4.98% at 75% LTV. This rate has been reduced by 8bps.
Neither of these products carry a fee.
“In a competitive market, these reductions will help give brokers and their BTL clients greater choice,” said Jonathon Stinton, head of intermediary relationships at Coventry Building Society (pictured above).
“And because we’re applying reductions to some of our limited company products, there are better options available to professional landlords too.”
