Coventry Building Society

Coventry Building Society

July 12, 2012 04:00 ET

Coventry Building Society Launches Flexible New Range of 75% LTV Buy to Let Products from as Low as 5.49%

LONDON, UNITED KINGDOM--(Marketwire - July 12, 2012) - Coventry Building Society is launching an exciting new range of 75% LTV Buy to Let mortgage products including Fixed and Flexx for Term deals, available from Friday 13th July.

5 year Fixed Rates

  • 5.60%, 5 Year Fixed Rate until 31.10.17, 75% LTV, £250 booking fee with £1499 arrangement fee.
  • 5.80%, 5 Year Fixed Rate until 31.10.17, 75% LTV, £250 booking fee with £749 arrangement fee.

Flexx Fixed Rates

  • 5.75%, Flexx Fixed Rate until 31.10.17, 75% LTV, £250 booking fee with £1499 arrangement fee, unlimited over payments with no ERC's.
  • 5.99%, Flexx Fixed Rate until 31.10.17, 75% LTV, £250 booking fee with £749 arrangement fee with no ERC's.

Flexx for Term

  • 5.49%, Flexx for Term, 75% LTV, £250 booking fee with £1499 arrangement fee and no ERCs.
  • 5.79%, Flexx for Term, 75% LTV, £250 booking fee with £749 arrangement fee and no ERCs.

Colin Franklin, Sales and Marketing Director, Coventry Building Society, said: "Our latest BTL mortgage range is another great example of product innovation here at the Coventry. Our new range offers BTL investors a choice of fixed rates for those looking for the security of regular set payments and our Flexx for Term range with no ERC's offers ultimate flexibility. And for investors looking for the best of both worlds, our Flexx Fixed products are ideal. Offering the security of a fixed rate with no ERC's, these products are simply unique. Available up to 75% LTV and with a choice of fee structures, we expect our new range to be very popular. BTL investors should act now as this highly competitive range won't be available for long".

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.

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