Coventry for intermediaries has made a series of rate cuts to its buy-to-let (BTL) offerings.

The 75% LTV five-year fix ‘Flexx’ product with £1,999 fee for portfolio landlords has received the greatest cut, a 60 basis points lowering that takes its rate to 2.65%.

Other highlights include:

• The 75% LTV five-year fix with £1,999 fee being reduced by 30 basis points to 2.25%.
• The 75% LTV five-year fix with £1,999 fee for portfolio landlords being cut by 44 basis points, to 2.35%.

Coventry head of intermediary relationships Jonathan Stinton says: “We’re delighted to make rate reductions across our BTL mortgages.

“With a range of LTVs and products for portfolio landlords, our BTL mortgages offer great options for brokers and their clients.

“These would be particularly well suited to landlords looking to add to their portfolios or to remortgage a current property.”