Coventry Building Society

Coventry Building Society

July 20, 2012 08:00 ET

Coventry Building Society Extends Buy to Let Range With BBR Tracker Products From as Low as 3.65%

LONDON, UNITED KINGDOM--(Marketwire - July 20, 2012) - Coventry Building Society is extending their exciting new range of Buy to Let products with even more Flexx Fixed and Base Rate Tracker deals, available from Thursday 19th July;

2 year BBR Trackers

  • 3.65%, 2 Year BBR Tracker (+3.15%) until 31.10.14, 65% LTV, £250 booking fee with £1249 arrangement fee.
  • 3.80%, 2 Year BBR Tracker (+3.30%) until 31.10.14, 65% LTV, £250 booking fee with £749 arrangement fee.

Flexx Fixed Rates

  • 3.75%, Flexx Fixed Rate until 31.10.14, 65% LTV, £250 booking fee with £1249 arrangement fee, unlimited over payments with no ERC's.
  • 3.99%, Flexx Fixed Rate until 31.10.14, 60% LTV, £250 booking fee with £999 arrangement fee, unlimited over payments with no ERC's.
  • 4.25%, Flexx Fixed Rate until 31.10.14, 60% 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: "Hot on the heels of last week's launch we are extending our range of BTL products even further with some fantastic Base Rate Tracker and Flexx Fixed deals. Our 2 year trackers are ideal for BTL investors looking to take advantage of the current low base rate with a choice of fee structures available. We have also extended our very popular, unique range of Flexx Fixed products which offers investors the best of both worlds, the security of a set monthly payment with no ERC's. So whatever BTL investors 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
+3.15% BBR Tracker to
31.10.14

3.65%


65%
Booking Fee: £250
Arrangement Fee: £1,249
Valuation up to £700 included
Remortgage Transfer Service included

3% of the
balance to
31.10.14
Buy to Let
+3.30% BBR Tracker to
31.10.14

3.80%

65%
Booking Fee: £250
Arrangement Fee: £749
Valuation up to £700 included
Remortgage Transfer Service included
3% of the
balance to
31.10.14
Buy to Let
3.75% Flexx Fixed to
31.10.14

3.75%

65%
Booking Fee: £250
Arrangement Fee: £1,249
Valuation up to £700 included
Remortgage Transfer Service included
None
Buy to Let
3.99% Flexx Fixed to
31.10.14

3.99%

60%
Booking Fee: £250
Arrangement Fee: £999
Valuation up to £700 included
Remortgage Transfer Service included
None
Buy to Let
4.25% Flexx Fixed to
31.10.14

4.25%

60%
Booking Fee: £250
Arrangement Fee: None
Valuation up to £700 included
Remortgage Transfer Service included
None

www.thecoventry.co.uk

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

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