Key features of this flexible product are as follows:
* Rate fixed at 4.99 per cent until 30 September 2009
* No early redemption charges
* Free valuation
* Flexible features
* Daily interest
* £250 booking fee (payable on application)
* £1,000 arrangement fee (added on completion)
* Available up to 80 per cent loan to value
* Discounted legal fees for remortgagors
David Stewart, operations director at the Coventry said: “Our buy to let mortgages continue to attract significant interest and we think this new offer is a win win for landlords – a low interest rate, no early repayment charges, and the flexibility to make unlimited overpayments.”