Coventry raises BTL rates by up to 20 basis points | Mortgage Strategy

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Coventry for Intermediaries is increasing rates by up to 20 basis points across a range of buy-to-let products this Friday.

Brokers wishing to apply for current deals have until Thursday at 8pm to submit a full mortgage application.

The following standard buy-to-let deals are increasing:

  • Flexx 65 per cent LTV two-year fixed rate at 1.79 per cent is increasing to 1.99 per cent with a £1,999 fee.
  • Flexx 65 per cent LTV five-year fixed rate at 2.25 per cent is increasing to 2.45 per cent with a £1,999 fee.
  • Flexx 75 per cent LTV two-year fixed at 2.15 per cent is increasing to 2.35 per cent with a £1,999 fee.
  • Flexx 75 per cent LTV five-year fixed at 2.69 per cent is increasing to 2.89 per cent with a £1,999 fee.

Products in the Flexx range come with no early repayment charge.

The following buy-to-let deals for portfolio landlords are also increasing:

  • Flexx 65 per cent LTV two-year fixed rate at 2.05 per cent is increasing to 2.25 per cent with a £1,999 fee.
  • Flexx 65 per cent LTV five-year fixed rate at 2.49 per cent is increasing to 2.69 per cent with a £1,999 fee.
  • Flexx 75 per cent LTV two-year fixed rate at 2.39 per cent is increasing to 2.59 per cent with a £1,999 fee.
  • Flexx 75 per cent LTV five-year fixed rate at 2.95 per cent is increasing to 3.15 per cent with a £1,999 fee.

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