New mortgage range targets energy efficient BTL properties

New mortgage range targets energy efficient BTL properties


Todays other news
Some cases are involving a potential minimum £17,000 fine for...
The council is using new powers under the Renters Rights...
Case numbers have risen by as much as 56%...
The data comes from Pegasus Insight...
Long-term vacant means they have been sitting empty for more...
Person holding a green house icon against a green background.

Coventry for Intermediaries has launched a range of buy to let (BTL) mortgages geared to low EPC ratings. 

The products are available to BTL and BTL limited company borrowers and offer lower rates for properties with valid EPC ratings of A to C.

Advertisement

The society will verify the rating on the government’s register. 

Advertisement

For new-build properties, landlords will need to provide a Predicted Energy Assessment (PEA). 

Advertisement

Coventry Building Society – which operates Coventry for Intermediaries – has also lowered rates for existing BTL borrowers. 

A spokesperson says: “By offering lower rates on properties with an EPC rating of A to C, we’re acknowledging sustainable choices that benefit both the environment and their bottom line. 

Advertisement

“Our BTL range is already well established and trusted by brokers, and these new EPC-linked products build on that strength. 

“We’re committed to giving landlords more options that not only support their financial goals but also promote better living conditions for tenants.” 

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Recommended for you
Related Articles
Stressful woman overwhelmed by bills and financial paperwork at home.
The data comes from Pegasus Insight...
Group of diverse students walking and chatting outdoors on campus.
A buy to let lender has analysed its mortgage applications...
Group of diverse young adults discussing rental property in a meeting.
Tens of thousands of landlords are thought to be trying...
Miniature houses on stacked coins representing property investment growth.
The changes take effect immediately...
The figures come from lenders' trade body, UK Finance...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Louisa Sedgwick is Managing Director of Mortgages at Paragon Bank...
Rent challenges may encourage annual reviews and put pressure on...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.