Coventry launches B2L deals with no ERCs

Coventry Intermediaries is launching a new range of mortgage products tomorrow, including some five-year buy-to-let deals with no early repayment charges.

The lender is introducing a buy-to-let five-year fix at 5.35%, which is available up to 75% LTV with a £250 booking fee and £999 arrangement fee, and no ERCs.

It is also offering the same product with no arrangement fee at a rate of 5.60%.

In addition, Coventry Intermediaries is launching a residential five-year fixed rate mortgage at 3.58%, which is available up to 65% LTV and comes with a £199 booking fee and an £800 arrangement fee.

The same product with no ERCs is available with a rate of 3.89%.

Colin Franklin, managing director at Godiva Mortgages, says: “We are starting the new year with some great news for borrowers. As always, brokers can find what they’re looking for at Coventry Intermediaries.”