Related topic: Buy-to-let

Applicants can now opt for a bridge or development loan of up to 24 months followed by a buy-to-let which can run up to three years. 

The lender has reduced fixed and variable rates by up to 0.15%.

The lender delivers rate reductions of up to 25bps and broadens HMO eligibility to support landlord affordability.

The products have no early repayment charges and a choice of 2% and 5% fee options.

The Society says the change reflects the growing demand from landlords to place their investment properties in a SPV.

The bank says the move aims to boost landlord affordability and rental supply.

Jonathan Stinton, head of intermediary relationships at Coventry for intermediaries, says the transition to EPC C and the wider EPB regime marks a major change for landlords, raising...

The new incentivised products come after the lender recently re-evaluated its buy-to-let lending criteria.

The buy-to-let lender's loan book has grown from roughly £1.5bn in 2018 to £4.5bn today.

Rates start at Bank of England Base Rate plus 1.60%.