Coventry Building Society

Coventry Building Society

July 26, 2012 03:30 ET

Coventry Building Society Extends Buy to Let Range Even Further With a Range of Flat Fees and No ERC's

LONDON, UNITED KINGDOM--(Marketwire - July 26, 2012) - Coventry Building Society is extending their exciting new range of Buy to Let products with even more Fixed Rate and Flexx for Term deals with low flat fees, available from Friday 27th July;

5 year Fixed Rates

  • 4.75%, fixed until 31.10.17, 65% LTV, £250 booking fee with £1249 arrangement fee.
  • 4.89%, fixed until 31.10.17, 65% LTV, £250 booking fee with £999 arrangement fee.
  • 4.99%, fixed until 31.10.17, 65% LTV, £250 booking fee with no arrangement fee.

Flexx for Term Rates

  • 4.35%, Flexx for Term, 65% LTV, £250 booking fee with £999 arrangement fee, unlimited over payments with no ERC's.
  • 4.49%, Flexx for Term, 65% LTV, £250 booking fee with no arrangement fee, unlimited over payments with no ERC's.

Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: "Our BTL range just keeps getting better and better. Whilst other lenders might offer headline initial rates, they often come with large percentage fees - however, our BTL range is different. Whatever the loan size, BTL investors can choose a pay rate and fee structure which suits them. As well as low flat fees, all of our products include a valuation up to £700 and a remortgage transfer service making a competitively priced package. So whatever your clients are looking for, we are confident that our extended range has something for everyone".

Full details of the new products are attached.

Customers wishing to apply for any of the Coventry's mortgages should telephone the Customer Service Centre on 0845 7665522, log on at www.thecoventry.co.uk or visit any of the Coventry's 70 branches.

Godiva Mortgages Ltd.
Current
Rate
Max
LTV
Fees and incentives
ERC
Buy to Let
4.75% Fixed to 31.10.17
Booking Fee: £250
4.75 % 65 % Arrangement Fee: £1,249 3% of the
Valuation up to £700 included balance to
Remortgage Transfer Service 31.10.17
included
Buy to Let
4.89% Fixed to 31.10.17
Booking Fee: £250
4.89 % 65 % Arrangement Fee: £999 3% of the
Valuation up to £700 included balance to
Remortgage Transfer Service 31.10.17
included
Buy to Let
4.99% Fixed to 31.10.17
Booking Fee: £250
4.99 % 65 % Arrangement Fee: None 3% of the
Valuation up to £700 included balance to
Remortgage Transfer Service 31.10.17
included
Buy to Let
Flexx for Term
Booking Fee: £250
4.35 % 65 % Arrangement Fee: £999
Valuation up to £700 included None
Remortgage Transfer Service
included
Buy to Let
Flexx for Term
Booking Fee: £250
4.49 % 65 % Arrangement Fee: None
Valuation up to £700 included None
Remortgage Transfer Service
included

www.thecoventry.co.uk

Coventry Building Society. Registered Office: Economic House, PO Box 9, High Street, Coventry CV1 5QN.

We monitor and record phone calls.

Contact Information