View more on these topics

Coventry rolls out new BTL range starting from 2.99%

Coventry Intermediaries has launched a suite of fixed and variable buy-to-let products with rates starting at 2.99 per cent.

The headline rate is offered on a flexx for term variable rate mortgage, available to 75 per cent LTV. A £250 booking fee and £1,749 arrangement fee are attached, with no early repayment charges.

A two-year fix at 75 per cent LTV is offered at 3.19 per cent, with £250 booking fee and £1,749 arrangement fee. A lower-fee option is priced at 3.49 per cent, with a reduced arrangement fee of £749.

Both products carry early repayment charges during the fixed period.

Godiva Mortgages managing director Colin Franklin says: “We are launching some great mortgages for buy-to-let investors. We have competitive two-year fixed rate mortgage with a range of fees, and for those looking for the flexibility of unlimited overpayments, our flexx for term range is ideal.”



Analysis: Whole-of-market will reap rewards

Love them or loathe them, direct-only deals appear to be here to stay and, according to my research, account for an increasing proportion of mortgage offerings, particularly on higher-LTV deals.  Rewind just a few years and they were far less prevalent; like most brokers, I tended to ignore them. But when borrowers started sourcing better […]


Analysis: Get set for another busy half-year

After a busy first half of 2014, it seems apt to review our key policy topics for the year. We anticipated the MMR would be our main regulatory priority and we have continued to talk to the FCA about the new regime on behalf of lenders. Four months on, implementation has gone well with minimal […]


8 out of 10 brokers fear more B2L rules

Eight in 10 brokers fear further regulation of buy-to-let after the Government’s shock move to regulate part of the sector in order to comply with the EU mortgage credit directive. Earlier this month, the Treasury published a consultation on the directive in which it revealed “accidental landlords” – borrowers who have not actively decided to […]


News and expert analysis straight to your inbox

Sign up