Coventry expands its buy to let mortgage range.
Coventry Building Society has announced it is adding new products to its buy to let mortgage range.
The buy to let mortgage addition includes three new fixed rate mortgage deals and two new trackers.
Coventry is offering new 2 year tracker mortgage rates from 3.65% and the new deals will sit alongside three new Flexx fixed rate mortgages which start from 3.75%.
If you are looking to capitalise on buy to let investment call Deal Direct today and we will source you a cheap rate offer.
The lender has advised that the launch of new buy to let deals is to meet an increase in demand from investment property buyers.
Various lenders are releasing competitively priced buy to let trackers. As swap rates have fallen cheaper mortgage funding has meant lenders can re-price and improve their tracker mortgage offers.
One lender to have introduced tracker rate cuts is Skipton, who has announced the released of a buy to let tracker for 75% loan to value at a rate of 4.09% plus base. A 70% loan to value deal is also on offer at a lower rate of 3.84%.
A spokesperson for Skipton advised that its buy to let range is popular with investment landlords and the newly priced products will add increased variety.
For a competitive buy to let mortgage offer
contact Deal Direct.
