Coventry BS launches a high deposit low rate 2 year fixed buy to let mortgage.
The Coventry Building Society has announced the launch of a new deal, which offers higher deposit landlords a cheap 2 year fixed buy to let mortgage.
The fee on this mortgage is set lower than other similar deals on the market, and could save applicants around £200.
The rate is set at 1.99% for up to 65% LTV. While this is not the lowest rate 2 year fix available, its £1,999 fee makes it the most competitive overall. There are other deals with lower rates but their higher fees actually make them less competitive.
If you are a higher deposit buyer, and would like to compare this mortgage against other lenders offers to find the best mortgage for your needs, call us at Deal Direct on 0800 048 8828.
We have vast experience sourcing buy to let offers for property investors. With changes due to come into force in March, which could make getting an investment mortgage more difficult, we would advise you act now to avoid missing out.
We offer independent mortgage advice but cannot offer financial advice, we cannot help you work out if property is the right investment for you. For that kind of advice, you should speak to an independent financial adviser.
Also note that not all buy to let mortgages are regulated by the FCA.
For advice and a quote call 0800 048 8828.
