Coventry for intermediaries has reduced rates on its five-year fixed rate buy-to-let mortgages by up to 0.26%.
Five-year rates now start at 1.95% up to 50% loan-to-value (LTV) and 2.05% up to 65% LTV, with both deals subject to a £1,999 product fee.
Kevin Purvey, director of intermediaries, commented: “Our five-year fixed buy-to-let range is now even more competitive – great news for landlords.
“With the economic uncertainty we’re seeing, these products are ideal for landlords looking for the stability of a fixed rate – whether for a purchase or remortgage.
“The reductions also apply to five-year fixed rates from our portfolio landlord range. Plus, as with all our buy-to-let mortgages, there’s no minimum income requirement and a standard valuation included of up to £700.”