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Coventry for Intermediaries unveils new Flexx for Term BTLs

Coventry for Intermediaries has launched new Flexx for Term buy-to-let mortgages at 50%-75% loan-to-value (LTV).

The new range includes a 1.82% rate with a £1,999 fee and a 2.2% rate with a £999 fee, both at 50% LTV.

Kevin Purvey, director of intermediaries at Coventry for Intermediaries, said: “We’re delighted to launch new buy-to-let Flexx for Term mortgages. These products offer competitive rates, the ability to make unlimited overpayments and further borrowing at the same rate [subject to lending criteria].

“We’re also reducing rates for buy-to-let two and five-year fixed products from 70% to 75% LTV and on selected residential products, so there are options for a wide range of clients. Plus, all of our products include a standard valuation of up to £670 for residential and £700 for buy-to-let.”

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