New buy to let and offset mortgage deals from Coventry.

A new range of new buy to let and offset mortgage deals have been launched by the Coventry Building Society.

The new products come with flat mortgage fees which are ideal for borrowers who require larger loans.

The new range highlights include offset mortgage flexx for term deals for 65 per cent LTV. Coventry offer a rate of 3.49 per cent with a £199 booking fee and a £1,800 arrangement fee, no early repayment charge applies. A lower fee version is also offered at 3.69 per cent which comes with a booking fee of £199 and a lower arrangement fee of £1,300, once again no early repayment charge applies.

Included in the Coventry's new buy to let range for 65 per cent LTV are various 2 year fixed rate options. The lender offers a rate of 3.75 per cent with a £250 booking fee and a hefty £2,249 arrangement fee. A rate of 3.99 per cent is offered with a £250 booking fee and a £1,749 arrangement fee and a rate of 4.25 per cent is offered with a £250 booking fee and £999 arrangement fee.

Colin Franklin who is the sales and marketing director for the Coventry has said that the intention was to launch a range of products ideally suited for those requiring larger loans. With products offered for larger loans the flat fees attached can in some cases save you money on your mortgage.

He added that Coventry's new flexx for term offset mortgage deals offer good value low rates, borrowers are also given flexibility with a range of different fee options allowing them to choose the one best suited to their circumstance.

If you are looking for a buy to let or offset mortgage, Deal Direct can compare the market on your behalf.