A report from Mortgage Solutions tells us Coventry - the UK’s fourth largest building society - has cut rates and added further buy-to-let products to their range.

As of August 29th 2008, they will be offering a three-year fixed rate deal at 5.99 per cent and a ten year fixed deal set at 6.09 per cent.

For those seeking the best remortgage in the wake of the credit crunch, this move by the Coventry will give many more options as they look at remortgage quotes.

Both deals require a minimum of 75 per cent loan to value, so for those who are facing equity issues, unfortunately this will not ease the financial strain.

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